Illinois Real Estate Broker Exam Practice Test
Frequently asked questions
How many Illinois Real Estate Broker Exam practice questions are here?+
A full bank of original Illinois Real Estate Broker Exam practice questions across the official content areas, weighted like the real exam, with explanations. Free, no signup.
What is the Illinois Real Estate Broker Exam exam like?+
About 140 questions, and you need 70% to pass. Practice by topic here, then take the full timed mock exam to gauge readiness.
Are these the real exam questions?+
No. Every question is 100% original, written from public primary sources with explanations. We never copy real exam questions or paid prep material.
Can I study in Chinese or Spanish?+
PrepPass practice is in English, 中文 and Español. The official exam is in English — switch the question language to English any time to rehearse the exact terminology you'll see on test day.
Sample practice questions
A few real questions from this free bank, with full explanations. Use the practice tool above for the whole set.
- 1. Property Ownership
Which form of property ownership includes the right of survivorship, so that a deceased owner's interest passes automatically to the surviving co-owners?
- a.Tenancy in common
- b.Joint tenancy
- c.Ownership in severalty
- d.A life estate
Answer: b
Explanation: Joint tenancy carries the right of survivorship, meaning a deceased joint tenant's share passes automatically to the surviving joint tenants rather than through probate. Tenancy in common has no survivorship right.
- 2. Land Use Controls
A city adopts an ordinance dividing land into residential, commercial, and industrial districts. This is an exercise of the government's:
- a.Police power
- b.Power of eminent domain
- c.Right of escheat
- d.Power of taxation
Answer: a
Explanation: Zoning is an exercise of police power, the government's authority to regulate land use to protect public health, safety, and welfare. Eminent domain is the separate power to take property for public use with compensation.
- 3. Financing
In a mortgage loan, the clause that allows the lender to demand the entire remaining balance immediately upon the borrower's default is the:
- a.Defeasance clause
- b.Subordination clause
- c.Acceleration clause
- d.Alienation clause
Answer: c
Explanation: The acceleration clause lets the lender declare the full unpaid balance due if the borrower defaults. The alienation (due-on-sale) clause, by contrast, is triggered by transfer of the property, not by default.
- 4. Contracts
A buyer makes a written offer on a home. Before the seller accepts, the buyer notifies the seller that the offer is withdrawn. This is an example of:
- a.Breach of contract
- b.Novation
- c.Acceptance
- d.Revocation of the offer
Answer: d
Explanation: An offer may be revoked by the offeror at any time before it is accepted. Because no acceptance had occurred, no contract was formed and the buyer is free to withdraw.
- 5. Contracts
An option contract in real estate gives the optionee:
- a.An obligation to purchase the property
- b.Immediate legal title to the property
- c.The right, but not the obligation, to buy within a set period
- d.A commission on the eventual sale
Answer: c
Explanation: An option gives the optionee the right, but not the obligation, to purchase the property on agreed terms within a stated time. The optionor is bound to sell if the optionee chooses to exercise the option.
- 6. Agency
An agency relationship in real estate is most commonly created by:
- a.An express agreement such as a listing or buyer-representation agreement
- b.Recording a deed
- c.Payment of a commission
- d.The multiple listing service
Answer: a
Explanation: Agency is typically created by an express agreement, such as a signed listing or buyer-representation agreement, that authorizes the licensee to act on the client's behalf. Payment of commission alone does not create agency.
- 7. Transfer of Title
Which type of deed offers the grantee the greatest protection by warranting clear title against all defects, even those arising before the grantor owned the property?
- a.Quitclaim deed
- b.General warranty deed
- c.Special warranty deed
- d.Bargain and sale deed
Answer: b
Explanation: A general warranty deed provides the broadest protection, warranting the title against all defects, including those predating the grantor's ownership. A quitclaim deed offers no warranties at all.
- 8. Practice of Real Estate
Commingling in real estate practice refers to:
- a.Mixing client or escrow funds with the broker's personal or business funds
- b.Representing two clients in one deal
- c.Combining two parcels of land
- d.Advertising without the broker's name
Answer: a
Explanation: Commingling is improperly mixing client trust or escrow funds with the broker's own funds, and it is prohibited. Client funds must be held in a separate trust or escrow account.
- 9. Real Estate Calculations
A parcel measures 435,600 square feet. How many acres is this? (1 acre = 43,560 sq ft)
- a.5 acres
- b.100 acres
- c.10 acres
- d.1 acre
Answer: c
Explanation: Dividing 435,600 by 43,560 square feet per acre equals 10 acres. Knowing that one acre equals 43,560 square feet is essential for these conversions.
- 10. Illinois Real Estate License Act
Under the Illinois Real Estate License Act, real estate licensees are regulated by which agency?
- a.The Illinois Association of Realtors
- b.The county recorder of deeds
- c.The Illinois Department of Financial and Professional Regulation (IDFPR)
- d.The Attorney General's consumer division
Answer: c
Explanation: The Illinois Department of Financial and Professional Regulation (IDFPR) administers and enforces the Real Estate License Act and issues licenses. Trade associations do not regulate licensure.