Illinois Real Estate Practice Exam

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Prepare for the Illinois Real Estate Test. Practice with flashcards and multiple choice questions, each question has hints and explanations. Get ready for your exam!

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In what situation can a broker sign the real estate sale contract on behalf of the seller?

If the broker has a power of attorney
If the broker is related to the seller
If the broker is a licensed attorney
If the broker is a family friend of the seller

The correct answer is: If the broker has a power of attorney

A broker can sign a real estate sale contract on behalf of the seller if the broker has a power of attorney. A power of attorney is a legal document that gives someone the authority to act on another person's behalf in legal or financial matters, including signing contracts. This authority is granted to the broker explicitly through the document, ensuring that they have the necessary permissions to make decisions and sign agreements for the seller. In contrast, simply being related to the seller, being a licensed attorney, or being a family friend does not inherently grant the broker the legal authority to sign contracts. These situations do not provide the required formal permission outlined in a power of attorney and therefore do not allow the broker to sign a real estate sale contract on behalf of the seller without that explicit designation.