Illinois Real Estate Exam Practice Question
A developer intends to subdivide a large parcel of land and is in the process of land planning. The developer has determined the geographic boundaries of the individual lots and how the streets in the development will be designed to give access to each lot. When can the developer begin to list lots for sale with a broker?
Correct Answer: C
Rationale: Listing lots for sale requires formal approval to ensure legal compliance and protect buyers. Submitting a plat map to local authorities, receiving approval, and recording it (Option C) establishes the legal framework for the subdivision, confirming that the development meets zoning and planning regulations.
Option A is incorrect because prescriptive easements alone do not provide the necessary legal standing to sell lots. Option B is misleading; while a conditional use permit may be necessary, it does not replace the need for a recorded plat. Option D is also inaccurate; zoning compliance does not suffice without proper subdivision approval.
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