Illinois Leasing Agent Exams 2 2024 |version (A &b)

Page | 1 ILLINOIS LEASING AGENT EXAMS 2 2024 |VERSION (A &B) WITH ACTUAL CORRECT QUESTIONS AND VERIFIED DETAILED RATIONALES ANSWERS BY EXPERTS |FREQUENTLY TESTED QUESTIONS AND SOLUTIONS |ALREADY GRADED A+|LATEST UPDATE The Illinois Human Rights Act recognizes and protects age for persons above the age of what? 40 years or older. According to Illinois law, licensees must give disclosure of their status to who? Clients and Customers What is the minimum age to obtain a managing broker's license in Illinois? 20. Illinois has a real estate license reciprocity agreement with: Some States; Colorado, Connecticut, Florida, Georgia, Indiana, Iowa, Nebraska, Wisconsin An unlicensed employee may NOT do the following? Negotiate or agree to any commission, commission split, management fee, or referral fee on behalf of a licensee. If an Illinois real license agent places an ad on the Internet offering his services as a real estate agent. Under state law, at a minimum, what are Illinois real licensees required to include? The name of their brokerage and franchise (if applicable). Under agency law in Illinois disclosed dual agency is? Legal with the consent of all parties. How many days must an aggrieved person give written notice to the Department within