IL Leasing Agent Practice Questions - Illinois Residential Leasing Agent License Exam

In Illinois, a Residential Leasing Agent license under the Real Estate License Act of 2000 permits the holder to:

Lease residential property only, under the supervision of a sponsoring managing broker List and sell residential and commercial properties Sell single-family homes only Manage commercial property exclusively

Correct Answer:

Lease residential property only, under the supervision of a sponsoring managing broker

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