Alaska Real Estate Exam prep #1
Questions with Actual Answers 2026
Updated.
The Alaska Real Estate Commission - Answer Makes and enforces the regulations by which all
real estate licensees must abide.
The Real Estate Commission may undertake an investigation of a licensee based on all the
following grounds EXCEPT - Answer A random selection of licensees
A routine audit of a broker's trust account MUST be conducted between 8am and 5 pm Monday
through Friday , and the investigator / auditor MUST give the broker at least - Answer 72
hours prior notice
If the Alaska Real Estate Commission directs the investigator to conduct an unannounced trust
account audit, a broke may request a 24-hour delay - Answer To meet scheduled obligations,
but the records to be audited must be sealed by the investigator and unavailable to the broker
during that time
In Alaska , which of the following would need to be a licensed real estate broker or salesperson?
- Answer Person who employs fewer than three apartment leasing licensees
Which of the following requires a real estate license in Alaska ? - Answer Company that , for a
fee , ( not a commission ) matches individuals from different parts of the country who wants to
exchange properties and that assists them in doing so
Under Alaska law , any person who acts as a real property securities dealer MUST - Answer
Be licensed as a real estate broker
A real estate license is required for all of the following EXCEPT - Answer Re - selling a mobile
home under a court order
If engaged in real estate activities , which of the following are EXEMPT from the real estate
licensing requirement ? - Answer Attorneys at law
The office manager for local real estate firm is responsible for the following activates :
coordinating the flow of paperwork through the office , preparing forms and advertising copy ,
and hiring and supervising clerical personnel . The office manager is - Answer Exempt from
real estate licensing requirements
,In Alaska , applications for any real estate license MUST be submitted with the original score
report form and the " Salesperson by Examination " form signed by an employing broker and
accomplished by - Answer A certificate of completion of the required pre - licensing
education
In Alaska , which of the following is required to obtain a broker's license ? - Answer Be at
least 21 years of age
Maria successfully completed her real estate education requirement and passed the exam on
November 1 , 2008. What is the latest date on which she may apply for a salesperson's license ?
- Answer May 1 , 2009 (6 달째 되는날 )
The Alaska Real Estate Commission receives an application for a real estate salesperson's license
from a " retired " developer / general contractor . He answered " no " to a question about ever
having a professional license denied , revoked , of suspended . When processing the
application , the licensing examiner reviewed his contractor's license file and found the
contractor's license renewal was denied because of delinquent child support payments . The
commission has grounds for denying the license because the applicant - Answer Gave false
information on the application
Three weeks before Neil begins his real estate pre - licensing class , he offers to help his
neighbor sell her house . The neighbor agrees to pay him a five percent commission . An offer is
accepted while Neil was taking the class and closes the day before he passes the examination
and receives his salesperson's license . The neighbor refuses to pay Neil the agreed
commission . Can he sue to recover payment ? - Answer No , state law prohibits lawsuits to
collect commission unless the injured party is a licensed broker and the license was in effect
before , the agreement was reached
Which of the following persons MUST have an active real estate license in order to transact
business ? - Answer Person who negotiates the sales of entire businesses , including their
stock equipment and buildings , for a promised fee Resident
An applicant for a real estate salesperson's license in Alaska MUST - Answer Not be under
indictment for a felony or on parole for the conviction of a felony
An unlicensed individual who engages in activities for which a real estate license is REQUIRED ,
is subject to which of the following penalties ? - Answer Civil penalty of $ 5000 in addition to
other penalties provided by law
When does a real estate salesperson's licenses expire in Alaska ? - Answer January 31st of
every even numbered year
, To renew a license in Alaska , a salesperson or broker MUST submit an application to renew ,
pay the appropriate fees , and - Answer education in the two years prior to renewal
A licensee who allows his / her license to lapse may not practice , however , if all other
conditions are met , the license may be reinstated without monetary penalty up to - Answer
2 years
In Alaska , an unlicensed real estate . assistance may perform all of the following activities
EXCEPT - Answer Explain simple contract documents to prospective buyers
Regarding the licensing and duties of unlicensed personal , real estate assistants in Alaska , may
- Answer Insert factual information into form contracts under the licensed employer's
supervision and approval
A broker's unlicensed assistant worked late one night and weekends to help ensure the
successful closing of a difficult transaction . The assistant's extra work included making several
phone calls to the prospective buyers and encouraging them to accept the seller's counteroffer .
Largely because of the assistant's efforts , the sale went through with no problem . Now the
broker wants to pay the assistant a percentage of the commission , " because the assistant has
really earned it . " Under Alaska law , the broker may - Answer Not pay a commission to the
assistant under the facts presented here . They are both in violation of rules regarding
unlicensed assistants
A person who has been licensed in another state with substantively the same licensing
requirements may obtain an equivalent Alaska license by passing the state portion of the exam
and providing both a license history from the other state ( s ) and proof of equivalent pre -
licensing education with the initial license application . This is referred to as - Answer
Reciprocity
All of the following statements regarding the Alaska Real Estate Commission are true EXCEPT
that - Answer Members of the commission are selected by the state association of
REALTORS®
The on - site property manager for Acme Apartments is responsible for negotiating leases for
the apartments . In this position , the on - site manager - Answer Is exempt from the licensing
requirement .
All of the following are EXEMPT from the provisions of the real estate license law EXCEPT a ( an )
- Answer Individual who receives compensation for procuring prospective buyers or renters
of real estate
Questions with Actual Answers 2026
Updated.
The Alaska Real Estate Commission - Answer Makes and enforces the regulations by which all
real estate licensees must abide.
The Real Estate Commission may undertake an investigation of a licensee based on all the
following grounds EXCEPT - Answer A random selection of licensees
A routine audit of a broker's trust account MUST be conducted between 8am and 5 pm Monday
through Friday , and the investigator / auditor MUST give the broker at least - Answer 72
hours prior notice
If the Alaska Real Estate Commission directs the investigator to conduct an unannounced trust
account audit, a broke may request a 24-hour delay - Answer To meet scheduled obligations,
but the records to be audited must be sealed by the investigator and unavailable to the broker
during that time
In Alaska , which of the following would need to be a licensed real estate broker or salesperson?
- Answer Person who employs fewer than three apartment leasing licensees
Which of the following requires a real estate license in Alaska ? - Answer Company that , for a
fee , ( not a commission ) matches individuals from different parts of the country who wants to
exchange properties and that assists them in doing so
Under Alaska law , any person who acts as a real property securities dealer MUST - Answer
Be licensed as a real estate broker
A real estate license is required for all of the following EXCEPT - Answer Re - selling a mobile
home under a court order
If engaged in real estate activities , which of the following are EXEMPT from the real estate
licensing requirement ? - Answer Attorneys at law
The office manager for local real estate firm is responsible for the following activates :
coordinating the flow of paperwork through the office , preparing forms and advertising copy ,
and hiring and supervising clerical personnel . The office manager is - Answer Exempt from
real estate licensing requirements
,In Alaska , applications for any real estate license MUST be submitted with the original score
report form and the " Salesperson by Examination " form signed by an employing broker and
accomplished by - Answer A certificate of completion of the required pre - licensing
education
In Alaska , which of the following is required to obtain a broker's license ? - Answer Be at
least 21 years of age
Maria successfully completed her real estate education requirement and passed the exam on
November 1 , 2008. What is the latest date on which she may apply for a salesperson's license ?
- Answer May 1 , 2009 (6 달째 되는날 )
The Alaska Real Estate Commission receives an application for a real estate salesperson's license
from a " retired " developer / general contractor . He answered " no " to a question about ever
having a professional license denied , revoked , of suspended . When processing the
application , the licensing examiner reviewed his contractor's license file and found the
contractor's license renewal was denied because of delinquent child support payments . The
commission has grounds for denying the license because the applicant - Answer Gave false
information on the application
Three weeks before Neil begins his real estate pre - licensing class , he offers to help his
neighbor sell her house . The neighbor agrees to pay him a five percent commission . An offer is
accepted while Neil was taking the class and closes the day before he passes the examination
and receives his salesperson's license . The neighbor refuses to pay Neil the agreed
commission . Can he sue to recover payment ? - Answer No , state law prohibits lawsuits to
collect commission unless the injured party is a licensed broker and the license was in effect
before , the agreement was reached
Which of the following persons MUST have an active real estate license in order to transact
business ? - Answer Person who negotiates the sales of entire businesses , including their
stock equipment and buildings , for a promised fee Resident
An applicant for a real estate salesperson's license in Alaska MUST - Answer Not be under
indictment for a felony or on parole for the conviction of a felony
An unlicensed individual who engages in activities for which a real estate license is REQUIRED ,
is subject to which of the following penalties ? - Answer Civil penalty of $ 5000 in addition to
other penalties provided by law
When does a real estate salesperson's licenses expire in Alaska ? - Answer January 31st of
every even numbered year
, To renew a license in Alaska , a salesperson or broker MUST submit an application to renew ,
pay the appropriate fees , and - Answer education in the two years prior to renewal
A licensee who allows his / her license to lapse may not practice , however , if all other
conditions are met , the license may be reinstated without monetary penalty up to - Answer
2 years
In Alaska , an unlicensed real estate . assistance may perform all of the following activities
EXCEPT - Answer Explain simple contract documents to prospective buyers
Regarding the licensing and duties of unlicensed personal , real estate assistants in Alaska , may
- Answer Insert factual information into form contracts under the licensed employer's
supervision and approval
A broker's unlicensed assistant worked late one night and weekends to help ensure the
successful closing of a difficult transaction . The assistant's extra work included making several
phone calls to the prospective buyers and encouraging them to accept the seller's counteroffer .
Largely because of the assistant's efforts , the sale went through with no problem . Now the
broker wants to pay the assistant a percentage of the commission , " because the assistant has
really earned it . " Under Alaska law , the broker may - Answer Not pay a commission to the
assistant under the facts presented here . They are both in violation of rules regarding
unlicensed assistants
A person who has been licensed in another state with substantively the same licensing
requirements may obtain an equivalent Alaska license by passing the state portion of the exam
and providing both a license history from the other state ( s ) and proof of equivalent pre -
licensing education with the initial license application . This is referred to as - Answer
Reciprocity
All of the following statements regarding the Alaska Real Estate Commission are true EXCEPT
that - Answer Members of the commission are selected by the state association of
REALTORS®
The on - site property manager for Acme Apartments is responsible for negotiating leases for
the apartments . In this position , the on - site manager - Answer Is exempt from the licensing
requirement .
All of the following are EXEMPT from the provisions of the real estate license law EXCEPT a ( an )
- Answer Individual who receives compensation for procuring prospective buyers or renters
of real estate
