Illinois leasing exam Study guides, Class notes & Summaries

ILLINOIS LEASING AGENT LICENSE EXAM LATEST EXAM 2024 | ALL 150 QUESTIONS AND CORRECT ANSWERS WITH RATIONALES | ALREADY GRADED A+ | JUST RELEASED

1. The lease contract stated that the renters would bring in the security deposit within five days. It is now the sixth day and the renters have not brought in the money. This is legally referred to as: - Answer- Breach 2. In dealing with the public, a licensee: - Answer- may keep silent about a material fact concerning the property if the client is the owner. d) may negotiate different commissions with different owners. 3. Escrow monies: - Answer- could include security deposits as well a...

Illinois Real Estate Leasing Agent License Exam Questions with Correct Answers.

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 LEASING AGENT PREP EXAM 2024 | ALL QUESTIONS AND CORRECT ANSWERS | ALREADY GRADED A+ | LATEST VERSION

Illinois Leasing Agent License Exam Questions & Correct Answers 2024/2025Illinois Leasing Agent License Exam Questions & Correct Answers 2024/2025Illinois Leasing Agent License Exam Questions & Correct Answers 2024/2025Illinois Leasing Agent License Exam Questions & Correct Answers 2024/2025Illinois Leasing Agent License Exam Questions & Correct Answers 2024/2025Illinois Leasing Agent License Exam Questions & Correct Answers 2024/2025Illinois Leasing Agent License Exam Questions & Correct Answer...

NEW ILLINOIS LEASING AGENT LICENSE ACTUAL EXAM 2024 WITH 150 ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS (100% CORRECT VERIFIED ANSWERS) FOR IDFPR CERTIFICATION!! In Illinois, a real estate license would be required for which of the following situations? - ANSWER-A person who plans to lease property for someone else and for compensation In Illinois for over 25 units, a tenant is entitled to interest on their security deposit was held for how many months? - ANSWER-6 Which of the follow...

Illinois Leasing AGENT State Exam practice questions and answers | RATED A+ 2024/25

ILLINOIS LEASING AGENT LICENSE EXAM 2024 PREP GUIDE WITH 350 EXAM QUESTIONS AND 100% CORRECT ANSWERS What is a Leasing Agent License? - ANSWER-a limited scope license to engage in the leasing of residential real estate only What is a Leasing Agent NOT allowed to do, even with a Leasing License? - ANSWER-A leasing agent may NOT engage in any sales activities with this license or any activities with commercial real estate - these require a real estate broker's license. What duties c...