Illinois Real Estate Exam Practice Question
In Illinois, a licensee may receive a commission from someone other than their sponsoring broker when the
Correct Answer: B
Rationale: In Illinois, a licensee may receive a commission from someone other than their sponsoring broker when the sponsoring broker has given consent. This ensures that all parties are aware and agree to the arrangement, maintaining transparency in the transaction.
Option A is incorrect because commissions earned under a previous sponsoring broker do not apply to the current situation. Option C is not relevant, as having a nonresident license does not automatically grant permission for commission from other sources. Option D, while important, does not replace the need for the sponsoring broker's consent, which is essential for legal compliance in commission agreements.
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