Illinois exam prep

Illinois Real Estate Exam Prep

Everything the Illinois exam actually tests: the national outline plus Illinois license law, with a dedicated state-law bank in the free Freehold app.

The Illinois exam at a glance

IDFPR-administered exam (PSI). Illinois has no salesperson tier: this app's 'salesperson' track models the entry-level Broker license exam (100 national + 40 Illinois items = 140, 3.5hr split 150nat/90state, 70% national), and 'broker' models the Managing Broker exam, which is a genuinely different, smaller national portion (90 national + 40 Illinois items = 130, same 3.5hr split, 75% both portions) — these were previously modeled as identical, which was wrong. Verified 2026-07-27 against the PSI Illinois candidate handbook.

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Illinois law topics Freehold drills

From the Illinois state-law question bank — every question cites its statute or regulation.

Sample Illinois law questions

Every Freehold question shows why the right answer is right — and cites its source.

Illinois's real estate licensing structure is unusual because:

  1. It licenses only property managers, not sales agents
  2. It requires a law degree for any real estate license
  3. It has no salesperson license
  4. It issues a single lifetime license with no renewal
Show answer & explanation

It has no salesperson license — Illinois does not issue a salesperson license; the entry-level license is simply called a broker license, with managing broker as the supervisory tier.

Source: 225 ILCS 454 — Real Estate License Act of 2000

A managing broker in Illinois is best described as:

  1. Any broker who has personally held an active license for more than one full calendar year
  2. A broker who exclusively handles new construction transactions on behalf of local builders and developers
  3. An honorary title carrying no additional legal responsibility
  4. A licensee who may be authorized to serve as designated managing broker upon appointment
Show answer & explanation

A licensee who may be authorized to serve as designated managing broker upon appointment — Section 1-10 defines a managing broker as a licensee who may be authorized to act as a designated managing broker once the sponsoring broker appoints them and registers it with the Department.

Source: 225 ILCS 454/1-10 — Definitions

A 'designated managing broker' in Illinois is:

  1. The managing broker formally designated to manage a particular sponsoring brokerage
  2. Any broker who works from a home office
  3. A broker designated by the buyer to represent them exclusively
  4. A retired broker who mentors new licensees informally
Show answer & explanation

The managing broker formally designated to manage a particular sponsoring brokerage — The designated managing broker is the specific managing broker appointed under the Act to manage a sponsoring brokerage and supervise its licensed activities.

Source: 225 ILCS 454 — Real Estate License Act of 2000

Illinois exam FAQ

How many questions are on the Illinois real estate salesperson exam?

The Illinois salesperson exam has 140 questions with a time limit of 240 minutes. You need 75% to pass.

What score do you need to pass the Illinois broker exam?

The Illinois broker exam requires 75% to pass, across 130 questions in 240 minutes.

Who administers the Illinois real estate exam?

The exam is administered by PSI. IDFPR-administered exam (PSI). Illinois has no salesperson tier: this app's 'salesperson' track models the entry-level Broker license exam (100 national + 40 Illinois items = 140, 3.5hr split 150nat/90state, 70% national), and 'broker' models the Managing Broker exam, which is a genuinely different, smaller national portion (90 national + 40 Illinois items = 130, same 3.5hr split, 75% both portions) — these were previously modeled as identical, which was wrong. Verified 2026-07-27 against the PSI Illinois candidate handbook.

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