Il leasing license exam - Study guides, Class notes & Summaries

Illinois Leasing Exam Questions With 100% Correct Answers Highest and Best Use - answerThe highest and best use of land can change over time but can only be one thng at a time. Generally this is the use that will make it most valuable What does the highest and best use entail? - answer1. Preserve the land utility 2. Provide the highest income 3. Result in the highest present value What does a deed transfer? - answerreal property What does a bill of sale transfer? - answerpersonal propert...

Illinois Leasing Exam Questions With 100% Correct Answers Highest and Best Use - answerThe highest and best use of land can change over time but can only be one thng at a time. Generally this is the use that will make it most valuable What does the highest and best use entail? - answer1. Preserve the land utility 2. Provide the highest income 3. Result in the highest present value What does a deed transfer? - answerreal property What does a bill of sale transfer? - answerpersonal propert...

Illinois Leasing Exam Questions With 100% Correct Answers Highest and Best Use - answerThe highest and best use of land can change over time but can only be one thng at a time. Generally this is the use that will make it most valuable What does the highest and best use entail? - answer1. Preserve the land utility 2. Provide the highest income 3. Result in the highest present value What does a deed transfer? - answerreal property What does a bill of sale transfer? - answerpersonal propert...

Illinois Leasing Exam Questions With 100% Correct Answers Highest and Best Use - answerThe highest and best use of land can change over time but can only be one thng at a time. Generally this is the use that will make it most valuable What does the highest and best use entail? - answer1. Preserve the land utility 2. Provide the highest income 3. Result in the highest present value What does a deed transfer? - answerreal property What does a bill of sale transfer? - answerpersonal propert...

Leasing License EXAM QUESTIONS AND ANSWERS 2024/2025 WITH COMPLETE SOLUTION What is the IDFPR? - answerIllinois Department of Financial and Professional Regulation -the State entity that issues real estate licenses What are the 4 divisions of the IDFPR? - answer1. Real Estate Administration and Disciplinary Board 2. Real Estate Research and Education Fund 3. Real Estate Administration Fund 4. Peer Review Advisors How many people are on the Real Estate Administration and Disciplinary B...

Leasing License EXAM QUESTIONS AND ANSWERS 2024/2025 WITH COMPLETE SOLUTION What is the IDFPR? - answerIllinois Department of Financial and Professional Regulation -the State entity that issues real estate licenses What are the 4 divisions of the IDFPR? - answer1. Real Estate Administration and Disciplinary Board 2. Real Estate Research and Education Fund 3. Real Estate Administration Fund 4. Peer Review Advisors How many people are on the Real Estate Administration and Disciplinary B...

Illinois State Test- Broker Exam Questions and Answers 100% Pass How far back does a typical title search in Illinois go? 40 Years Who is the recorder of deeds for the county in Illinois? County Clerk Statutory method of proration in Illinois equation: Yearly Charge divided by 360 State and County transfer taxes in Illinois are usually paid by: The Seller Which of the following best describes the status of the common law of agency in Illinois as it relates to broker/client relationships? It ...

Leasing Exam| 106 Questions| Correct Answers!! Leasing Exam 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 following does not require disclosure? A. Radon B. Felons living onsite C. Lead-based paint D. Termites - ANSWER felons living onsite What was the date of the first civil rights act? - ANSWER 1866 Is it permissable to refuse to rent to a person with a poor credit history? - ANSW...