Illinois License Law
Under the Illinois Real Estate License Act, what constitutes 'false advertising' by a real estate licensee?
AAdvertising a property at a price lower than the list price
BAny advertisement that contains untrue statements, omits material information, or creates a false impression about the property or the licensee's qualifications✓ Correct
CAdvertising on social media without IDFPR approval
DAdvertising a property without the seller's photograph
Explanation
False advertising under the Illinois Real Estate License Act includes any advertisement that is misleading, contains false statements of fact, or creates a false impression about a property or a licensee's credentials. This covers exaggerated claims, misrepresented property features, fabricated credentials, and misleading comparisons. False advertising can result in license discipline, civil liability, and potential criminal charges for fraud.
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