Leasing Agents

The Illinois Real Estate License Act of 2000, Section 5-5 through Section 5-10, provides for a limited-scope license for individuals who wish to engage solely in activities related to the leasing of residential real property. For instance, the following activities would appropriately fall under this limited license, if the licensee did not engage in any other Real Estate activities (such as marketing single-family homes):

  • leasing or renting residential real property
  • collecting rent for residential real property
  • Attempting, offering, or negotiating to lease, rent, or collect rent for the use of residential real property

The Act establishes specific qualifications and educational requirements for Leasing Agents, including a written examination.