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Illinois leasing agent chapter 6 Exam With Complete Solutions Security Deposit - answerAny money a landlord takes from a tenant, other than advance payment of rent, to protect the landlord if the tenant breaks or violates the terms of the lease. Lease Application - answerThe key screening docume...

Illinois leasing agent chapter 4 Exam With Complete Solutions Improvement - answerAny structure, usually privately owned, erected on parcel os such as buildings, fences, and driveways. Also publicly owned structures such as curbs, sidewalks, streets, or sewers. Real Property - answerThe earth'...

Illinois leasing agent chapter 3 Exam With Complete Solutions Stigmatized property - answerA property that has an undesirable reputation because a violent crime or suicide occurred in the property. Antitrust - answerLaws designated to preserve the free enterprise of the open marketplace by forb...

Illinois leasing agent chapter 3 Exam With Complete Solutions Federal Fair Housing Act of 1968 - answerThe federal law which prohibits discrimination based on race, color, religion or national origin in connection with the sale or rental of most housing, or vacant land intended for housing. Ste...

Illinois leasing agent chapter 1 Exam Questions With 100% Correct Answers Real estate license act 2000 - answerThe body of law that governs the rights and duties of principles, agents and third parties. Agent - answerOne who acts as an intermediary on behalf of others for a fee or commission. C...

Illinois Leasing Exam Questions With 100% Correct Answers Highest and Best Use - answerThe highest and best use of land can change over time but can only be one thng at a time. Generally this is the use that will make it most valuable What does the highest and best use entail? - answer1. Preserv...

Leasing Agent Exam Questions Chapter 4 Questions With 100% Correct Answers 2024/2025 The Civil Rights Act of 1866 prohibits discrimination in the sale or rental of property on the basis of: A. race B. race, color, religion, or national origin C. race, color, religion, national origin, or sex ...

Illinois Leasing Agent License Exam Questions With 100% Correct Answers What is the name given to the Illinois license laws under which real estate brokers practice? - answerReal Estate License Act of 2000 Practicing real estate without a license, and could result in being fined up to what? - a...

Leasing Agent Exam Questions Chapter 5 100% Solved Real estate licensees must: A. carry their real estate license in their wallet at all times B. give their real estate license to their sponsoring broker, who will post it in a public space in the sponsors office C. post their real estate licen...

Leasing Agent Interview Exam When I get to ask questions at the end of the interview, be sure to ask: "What do I need to do ... - answer"What do I need to do to ensure I receive this job?" When I get to ask questions at the end of the interview, be sure to ask: "How would you describe ... - ...

Leasing Agent License Pt1 Exam Questions With 100% Correct Answers The leasing agent license enables the licensee to engage in what? - answerOnly in residential leasing activities for which a license is required An applicant for a leasing agent license must provide proof of being how old? - answ...

Leasing Agent Exam Questions With 100% Correct Answers The statue of fraud in Illinois states: a. All leases must be in writing. b. Leases for less than a year are enforceable if oral, even if they cannot be completed within a year of their making. C. Contracts entered into by minors are void....

Leasing Agent Practice Exam Questions With 100% Correct Answers Real Property includes: - answerair space Air rights are defined as: - answerextending into infinity Land ownership includes: - answersubsurface rights Anything affixed to the land with the intent of being permanent is: - answerrea...

Illinois leasing agent practice exam Questions With 100% Correct Answers the leasing agent license shall expire on July 31st of: - answereven numbered years sponsoring brokers must submit the 45 day sponsor card to IDFPR within: - answer24 hours of employment leasing agent licensees must comple...