What is included on the Illinois state broker licensing exam?

The Illinois Broker State Exam consists of two sections. You will be tested on national and state real estate-related content.

On the national portion, questions will cover:

  • Property ownership
  • Land use controls and regulations
  • Financing
  • Valuation & market analysis
  • General principles of agency
  • Property disclosures
  • Contracts
  • Real estate calculations
  • Leasing and property management
  • The practice of real estate

The state portion will ask about:

  • Licensing Requirements
  • Statutory & Regulatory Requirements
  • Disclosures