Pass Your Illinois Real Estate Exam the First Time

Illinois has massive fines ($25k+) for unlicensed practice and very specific "Substantive Contact" timing for disclosures.

Questions

140

100 NAT / 40 STATE

To Pass

70%

PASS BOTH PORTIONS INDEPENDENTLY

Time Limit

4 Hrs

240 TOTAL MINUTES

Provider

PSI

IDFPR

Pass your Illinois Broker, Managing Broker or Residential Leasing Agent License

Illinois uses ‘Broker’ as its entry level license and structures the entire agency system around statutory duties that differ from the fiduciary model most candidates studied.

Candidates who learned agency law from national prep materials arrive with the wrong framework for Illinois. The IDFPR exam tests a statutory system, and the distinction between what is permitted versus prohibited in that structure is not something AI generated content handles correctly. Generic tools recycle national patterns. Illinois does not follow the national pattern.

The License Professor was written by licensed Illinois professionals who know what the PSI state portion actually tests. Every question on Illinois statutory agency structure, brokerage documentation requirements, and disciplinary procedures is grounded in Illinois statute and IDFPR rule.

Illinois Sample Exams

Experience the real study interface — no account required.

Broker

Individuals new to real estate who want to start their career helping clients buy and sell property

Managing Broker

Experienced professionals who want to manage a brokerage office and supervise other agents

Residential Leasing Agent

Individuals who only want to handle residential leasing/rental transactions rather than sales

Three Topics that Trip Up Illinois Students Most

Dual Agency Disclosures

Illinois requires a two-step process — first a consent form, then a confirmation form — each needing separate signatures with copies retained for five years, and the exam tests the timing, two-document requirement, and prohibition against dual agency when the licensee is a party to the transaction.

Read more

Ministerial Acts vs. Fiduciary

Illinois is a statutory agency state where licensees may perform limited "ministerial acts" for the non-client customer — the exam tests whether ministerial acts create an agency relationship (they do not) and what happens if a licensee tries to contract away statutory duties.

Real Estate Recovery Fund

The Fund caps claims at $50,000 per aggrieved person with a two-year statute of limitations — the exam tests whether you need a court judgment first and the distinction between damages from a licensed agent versus an unlicensed employee.

The Illinois Real Estate License Professor includes specialized deep dives for each of these.

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Illinois Real Estate Practice Questions

Sample questions from the Illinois real estate exam — with answers and explanations.

1. An Illinois municipality needs a stretch of farmland to extend a runway, but the family that owns it won't negotiate a sale. What power allows the city to proceed?

  1. A.Adverse possession.
  2. B.The police power.
  3. C.Eminent domain.
  4. D.A quitclaim deed.
Explanation: Eminent domain lets a government body take private property for a public purpose, such as airport expansion, upon payment of just compensation, regardless of the owner's refusal to sell. The other options don't apply: adverse possession takes years of occupation, a quitclaim deed needs voluntary owner consent, and the police power is a regulatory tool, not an acquisition mechanism.

2. A seller is required to provide a real property disclosure report to the buyer in all of the following transactions EXCEPT:

  1. A.for a sale of commercial property.
  2. B.when the buyer has lived on the property as a tenant.
  3. C.when the seller has not resided on the property in the last year.
  4. D.when the seller is not assisted by a licensed real estate agent.
Explanation: Seller property disclosure forms are generally required in the transfer of one to four residential dwelling units, even when the seller has not resided on the property.

3. Which is NOT a protected class under the Illinois Human Rights Act?

  1. A.Investment portfolio value
  2. B.Military status
  3. C.Sexual orientation
  4. D.Marital status
Explanation: Illinois Human Rights Act protects military status, sexual orientation, and marital status—exceeding federal protections. Financial status or investment portfolio value is not a protected class under state or federal law.

Illinois Real Estate Exam Structure: What to Expect

The Illinois Broker exam combines 100 national questions and 40 state-specific questions in 240 minutes.

Question breakdown

National portion: 100 questions, 150 minutes

Standard PSI national content. Illinois's national portion is larger than most states' — 100 questions versus the more typical 80.

Illinois portion: 40 questions, 90 minutes

Topics:

  • IL license law (RELA) (10-12 questions)
  • Designated agency (5-7 questions)
  • Property disclosures (4-6 questions)
  • Trust accounts (3-5 questions)
  • Chicago-specific issues (3-4 questions)
  • Real estate practice (5-7 questions)

Independent portion scoring

Illinois does NOT combine the two portions into one score. Each is graded independently, and you must pass both: 70 of 100 correct (70%) on the national portion, and 30 of 40 correct (75%) on the state portion. Fail one and you only retake that portion — up to four total attempts before you're required to redo pre-licensing education and retake the entire exam.

Time management

240 minutes for 140 questions = about 103 seconds per question overall (150 min / 100 questions on the national portion, 90 min / 40 questions on the state portion). Moderate pacing.

Cost structure

  • Pre-licensing (75 hours): $400-$800
  • Exam: $55
  • License: $125
  • Background check: ~$50
  • Total: $630-$1,030

Retake rules

If you fail one portion, you only retake that portion — not the whole exam. Up to four total attempts are allowed before you must redo pre-licensing education and retake everything. $55 per attempt.

Topics Covered on the Illinois Real Estate Exam

National Exam Topics (80 questions)

  1. Property Ownership — Estates, deeds, easements
  2. Land Use — Zoning, government powers
  3. Valuation — Three approaches, CMA
  4. Financing — Mortgages, FHA/VA, RESPA, TILA
  5. Agency — Agency relationships
  6. Contracts — Listing agreements, purchase contracts
  7. Closing — Closing procedures, prorations
  8. Practice — Working with buyers and sellers, fair housing, math

Illinois State Exam Topics (60 questions)

  1. Illinois Real Estate License Act (RELA) — License categories, Sponsoring Broker, advertising
  2. Designated Agency — Illinois's framework for representing both parties via different agents
  3. Trust Accounts — Broker trust account rules
  4. Property Disclosures — Illinois Residential Real Property Disclosure Report
  5. Chicago-Specific Issues — RLTO, transfer taxes, condo declarations

Why this list matters

Each state topic generates 6-12 questions. Illinois's 60-question state portion outweighs most states. Master designated agency and RELA.

What this list doesn't tell you

PSI writes scenario-based questions. Practice questions, not just topic review.

Illinois Exam FAQ

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