Illinois real estate le Study guides, Class notes & Summaries

Illinois Real Estate Leasing Agent Exam

Illinois Real Estate Leasing Agent Exam Questions And Revised Correct Answers 2024 Already Passed A commercial lease calls for a minimum rent of $1200 per month 4% of the annual gross business exceeding $150,000. If the total rent paid at the end of one year was $19,200, how much business did the tenant do during the year? – ANSWER : A. $159,800 B. $250,200 C. $270,000 D. $279,200 C In Illinois, which of these statements is TRUE regarding a lease for more than one year?...

Illinois Real Estate Leasing Exam Prep Latest 2023 Graded A+ Acceptance By Ratification The acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction When all parties have agreed to a change in one or more of the terms of a contract Actual Eviction Court action initiated by the lessor to have a tenant removed from the premises. Administrative Law Judge (ALJ) A j...

Illinois Real Estate Leasing Agent License Preparation with Complete Solutions Illinois Real Estate Leasing Agent License Preparation with Complete Solutions Illinois Real Estate Leasing Agent License Preparation with Complete Solutions Illinois Real Estate Leasing Agent License Preparation with Complete Solutions land - ANSWERConsists of the surface, subsurface, and airspace. Surface - ANSWERwhat appears or what can be seen subsurface - ANSWERSpace beneath the surface What ...

Illinois Real Estate Leasing Exam Prep Questions With 100% Correct Answers Acceptance By Ratification - answerThe acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction - answerWhen all parties have agreed to a change in one or more of the terms of a contract Actual Eviction - answerCourt action initiated by the lessor to have a tenant removed from the p...

Illinois Real Estate Leasing Exam Prep Questions With 100% Correct Answers Acceptance By Ratification - answerThe acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction - answerWhen all parties have agreed to a change in one or more of the terms of a contract Actual Eviction - answerCourt action initiated by the lessor to have a tenant removed from the p...

Illinois Real Estate Leasing Exam Prep Questions With 100% Correct Answers Acceptance By Ratification - answerThe acceptance of lease terms that occurs when a tenant takes possession of the property but does not sign a lease. This form of acceptance is recognizable by the courts. Accord and Satisfaction - answerWhen all parties have agreed to a change in one or more of the terms of a contract Actual Eviction - answerCourt action initiated by the lessor to have a tenant removed from the p...

Illinois Real Estate Leasing Exam Prep

Illinois Real Estate Leasing Exam Prep – 137 Questions with Solutions

Illinois Real Estate Leasing Exam Prep | Latest 2024/25