Illinois broker exam Study guides, Class notes & Summaries

ILLINOIS REAL ESTATE BROKER EXAM NEWEST 2024 COMPLETE EXAM AND PRACTICE QUESTIONS 300 QUESTIONS AND CORRECT ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+

Illinois Broker Exam Questions and Answers 100% CorrectIllinois Broker Exam Questions and Answers 100% CorrectIllinois Broker Exam Questions and Answers 100% CorrectIllinois Broker Exam Questions and Answers 100% Correct appurtenance - ANSWER-A right, a privilege, or an improvement belonging to, and passing with, the land. real estate - ANSWER-an improvement to the land creates? 15 days - ANSWER-How many days does a sponsoring broker have to notify IDFPR of the loss of a managing broker? ...

Illinois Broker Exam - State Questions and Answers 100% CorrectIllinois Broker Exam - State Questions and Answers 100% CorrectIllinois Broker Exam - State Questions and Answers 100% CorrectIllinois Broker Exam - State Questions and Answers 100% Correct Sandy wishes to start a new real estate company, although she has never had a real estate license of any type. She must be licensed for at least XX years before she can manage an office - ANSWER-Two An Illinois real estate agent, acting as a...

appurtenance - A right, a privilege, or an improvement belonging to, and passing with, the land. real estate - an improvement to the land creates? 15 days - How many days does a sponsoring broker have to notify IDFPR of the loss of a managing broker? accession - when title to additions or improvements to real property are acquired annexation of fixtures, this is called? Personal Property - Emblements are considered to be? 2 years and 45 hours - What is the minimum my years of expe...

A broker signs a contract with a buyer. Under the contract, the broker agrees to help the buyer find a suitable property and to represent the buyer in negotiations with the seller. Although the buyer may not sign an agreement with any other broker, she may look for properties on her own. The broker is entitled to payment only if the broker locates the property that is purchased. What kind of agreement has this broker signed? a Exclusive buyer agency agreement b Exclusive-agency buyer agency ...

Sandy wishes to start a new real estate company, although she has never had a real estate license of any type. She must be licensed for at least XX years before she can manage an office - Two An Illinois real estate agent, acting as a dual agent, is showing his listing that he knows has had water problems in the basement in the past. The seller has requested that he not divulge this information unless a buyer specifically asks about water. What is the correct action for the agent to take? - T...

A licensee was showing property in an eight-unit complex to a prospective tenant using a motorized wheelchair. The tenant wanted to rent a unit, install grab bars in the bathroom, and lower all the door handles. The landlord... - Must allow the tenant to make the modifications at the tenants expense, but can require, by the terms of the lease, restoration of the property Which of the following is the best description of a fee simple estate? - The most complete ownership in property that one...

A broker signs a contract with a buyer. Under the contract, the broker agrees to help the buyer find a suitable property and to represent the buyer in negotiations with the seller. Although the buyer may not sign an agreement with any other broker, she may look for properties on her own. The broker is entitled to payment only if the broker locates the property that is purchased. What kind of agreement has this broker signed? a Exclusive buyer agency agreement b Exclusive-agency buyer agency ...

How many feet in an acre? 43,560 How many acres are in a section? 640 The Civil Rights Act of 1866 prohibited discrimination based on: Color and Race (C-Civil; R-Rights) Title VIII of the Civil Rights Act of 1968 is also referred to as the Fair Housing Act The Fair Housing Act prohibits discrimination based on Color, race, religion, national origin, sex, disability, familial status The Equal Credit Opportunity prohibits discrimination against: All FHA (color, race, religion, natio...

Sandy wishes to start a new real estate company, although she has never had a real estate license of any type. She must be licensed for at least XX years before she can manage an office Two An Illinois real estate agent, acting as a dual agent, is showing his listing that he knows has had water problems in the basement in the past. The seller has requested that he not divulge this information unless a buyer specifically asks about water. What is the correct action for the agent to take? The a...