Illinois License Law
Which of the following is generally EXEMPT from Illinois real estate licensing requirements?
AA real estate assistant who shows properties to buyers
BA property manager who collects rent for multiple owners
CA trustee selling property pursuant to a trust✓ Correct
DAn agent listing commercial property for sale
Explanation
A trustee acting under the terms of a trust is generally exempt from real estate licensing requirements in Illinois when selling trust property. However, most activities involving selling, leasing, or managing property for others require a license.
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