ALASKA STATE REAL ESTATE FINAL PAPER
2026 EXAM PREP QUESTIONS AND
SOLUTIONS ALREADY PASSED
●● 2). The Alaska real estate commission may undertake an
investigation of a licensee based on all the following ground except
A) It's own initiative.
B) A random selection of licenses.
C) a Motion from the members of the commission.
D) A written complaint submitted by a disgruntled customer..
Answer: B) A random selection of licenses.
●● 3) A routine audit of a brokers trust account must be conducted
between 8 AM and 5 PM Monday through Friday and the
investigator/auditor must give the broker at least
A) One hours prior notice
B) 24 hours prior notice
C) 48 hours prior notice
D) 72 hours prior notice.
Answer: D) 72 hours prior notice
, ●● 4. If the Alaska real estate commission directs the investigator to
conduct an unannounced trust account audit, a broker may request a 24
hour delay
A) to assemble the records to be audited
B) to reconcile the most recent bank statement.
C) to meet schedule obligations, but the records to be audited must be
sealed by the investigator and unavailable to the broker during that time.
D) but any delay must be authorized by the real estate commission..
Answer: C) to meet schedule obligations, but the records to be audited
must be sealed by the investigator and unavailable to the broker during
that time.
●● 5) in Alaska, who are the following would need to be a licensed real
estate broker or sales person?
A) person who employs fewer than three apartment licensees.
B) licensed attorney acting under a power of attorney to convey real
estate.
C) resident apartment manager working for an owner if the managers
primary residence is the apartment building being managed.
D) partnership selling a building owned by the partners..
Answer: A) person who employs fewer than three apartment licensees.
●● 6. Which of the following requires a real estate license in Alaska?
A) resident manager who collects rent on behalf of building owner.
2026 EXAM PREP QUESTIONS AND
SOLUTIONS ALREADY PASSED
●● 2). The Alaska real estate commission may undertake an
investigation of a licensee based on all the following ground except
A) It's own initiative.
B) A random selection of licenses.
C) a Motion from the members of the commission.
D) A written complaint submitted by a disgruntled customer..
Answer: B) A random selection of licenses.
●● 3) A routine audit of a brokers trust account must be conducted
between 8 AM and 5 PM Monday through Friday and the
investigator/auditor must give the broker at least
A) One hours prior notice
B) 24 hours prior notice
C) 48 hours prior notice
D) 72 hours prior notice.
Answer: D) 72 hours prior notice
, ●● 4. If the Alaska real estate commission directs the investigator to
conduct an unannounced trust account audit, a broker may request a 24
hour delay
A) to assemble the records to be audited
B) to reconcile the most recent bank statement.
C) to meet schedule obligations, but the records to be audited must be
sealed by the investigator and unavailable to the broker during that time.
D) but any delay must be authorized by the real estate commission..
Answer: C) to meet schedule obligations, but the records to be audited
must be sealed by the investigator and unavailable to the broker during
that time.
●● 5) in Alaska, who are the following would need to be a licensed real
estate broker or sales person?
A) person who employs fewer than three apartment licensees.
B) licensed attorney acting under a power of attorney to convey real
estate.
C) resident apartment manager working for an owner if the managers
primary residence is the apartment building being managed.
D) partnership selling a building owned by the partners..
Answer: A) person who employs fewer than three apartment licensees.
●● 6. Which of the following requires a real estate license in Alaska?
A) resident manager who collects rent on behalf of building owner.
