Review Illinois law as decisions, not a wall of terms

The first page places the current rule next to the likely confusion: broker age 18 versus managing broker age 20, the 60 plus 15 structure inside the 75 hours, two-year education validity, four attempts before repeating education, the one-year application deadline after passing, and the need for valid sponsorship before practice.

It also separates 45-hour first-term post-license education from ordinary 12-hour later-term continuing education. That distinction prevents a candidate from memorizing a true number and applying it to the wrong license term.

The sponsorship and agency table answers who a broker works for, who pays licensed compensation, how designated agency differs from automatic company-wide agency, why ministerial acts do not create an agency relationship, and when informed written dual-agency consent is required.

The agreement rows reflect the current July 13, 2026 rule: a seller or owner agreement must be in writing before marketing or listing, while a buyer or tenant agreement must be written before, or as soon as reasonably practical after, licensed assistance intended to help buy or lease begins.

Disclosure questions often offer an answer that sounds protective but goes beyond a broker's role. The sheet pairs each fast rule with a 'do not infer' boundary, such as not treating an exempt seller as an erasure of every broker duty and not expecting a broker to diagnose a defect.

Advertising, trust money, assistant duties, and discipline receive the same treatment. The goal is not to replace the statute. It is to help a student recognize which current rule must be applied to the question facts.