Illinois Leasing Agent Practice Exam

38. Which of the following statements might be considered a violation of the antitrust laws? {Ans: All of the above}36. In Illinois all the following statements are true EXCEPT: {Ans: A landlord may never keep a security deposit without a written explanation to the tenant.}7. Which of the following would be considered a dual agency? {Ans: A licensee is representing both landlord and tenant in the same transaction.}47. Which of the following statements are true regarding the presence of mold? {Ans: All of the above}11. The primary requirement of a contract would be: {Ans: Offer and acceptance}43. Regulations regarding lead-based paint require that: {Ans: known paint hazards be disclosed}