Illinois Real Estate Exam

Category - Illinois

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When the Environmental Review Board or the Department of Real Estate issues a “negative declaration”, it means that the subdivision:

Has not been approved by the Real Estate Commissioner for the issuance of a public report
Public report contains notations of possible adverse environmental impacts
Will have a significant effect upon the environment
Has been approved, from an environmental aspect

Explanation

Answer: D. A negative declaration is an indication that the proposed subdivision will have no adverse effect on the environment.

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Additional Answers

Anthony Groza says:

this is a very backwards question and their is really no point in having "negative declaration" as being a positive. I know its a definition but just so pointless to have this be a real estate term, when it has an opposite meaning for no reason at all

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