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Exam (elaborations)

Illinois Leasing License Exam Qs and As 100% Scores

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Illinois Leasing License Exam Qs and As 100% Scores

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  • August 17, 2024
  • 2
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
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Illinois Leasing License Exam Qs and
As 100% Scores
Under Federal Law, disclosure of any possible lead based paint or related
hazards must be completed in connection with properties built before - -
1978

-- 1st floor lease has expired and the tenants are staying under an
agreement with the landlord on a month to month basis - -The tenant has a
periodic tenancy

-- 2nd floor tenant has six months to go on their pone-year lease before their
lease expires - -The tenant has an estate for years

-- 3rd floor tenant's lease has expired and the landlord has a tenant who will
pay double the rent but the present tenant will not move out under these
conditions - -The tenant has an estate at sufferance

-Under the Illinois Human Rights Act an elderly person is any person or
persons over the age of: - -40

-When you pass your state exam, you must register with a broker - -within 1
year

-All security deposits must be placed in an escrow account... - -By the
broker of the leasing agent representing the lessor.

-How much notice must Susan, the lessor, give at the end of a lease for an
estate for years to regain possession of the apartment? - -No notice

-A tenant has signed a lease for 1 month starting October 1st and ending
October 31st. The lease is an: - -Estate for years

-Ron has a one-year leasehold in an apartment. The interest automatically
renews itself at the end of each year. Ron's interest is referred to as tenancy
- -From period to period

-A leasing agent may rent commercial property provided he or she: - -
Cannot rent or lease commercial property under any condition.

-A tenant is on a periodic month tenancy. On August 1st the tenant pays his
rent. On the 8th of the month the tenant finds a different apartment in
another town and immediately gives notice to the landlord. Under these

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