Alaska State Real Estate Exam Review Questions and Answers

If the Alaska real estate commission directs the investigator to conduct an unannounced trust account audit a broker may request a 24 hour delay To meet schedule obligations but the records to be audited must be sealed by the investigator and unavailable to the broker during that time In Alaska who of the following would need to be a licensed real estate broker or sales person Person who employs fewer than three apartment licenses. In Alaska which of the following is required to obtain a brokers license The applicant must be at least 21 years of age An application for a real estate sales person license in Alaska must Not be under indictment for a felony or on parole for conviction of a felony When do real estate sales persons licenses expire in Alaska January 31 of every even numbered year A licensee who allows his or her license to labs may not practice however if all other conditions are met the license may be reinstated without monetary penalty up to 2 years Regarding the licensing and duties of unlicensed personnel real estate assistance in Alaska they may Insert factual information into form contracts under the licensed employer supervision and approval A person who has been licensed in another state with substantively The same licensing requirements may obtain an equivalent in Alaska LICENSE by passing the state portion of the exam on providing both the license history from the other state and proof of equivalent prelicensing education with the initial license application this is referred to as Reciprocity Which of the following statements regarding the Alaska real estate commission is false Members of the commission or selected by the state association of realtors Which of the following is exempt from the provisions of the real estate license law An individual who receive compensation for curing perspective buyers or renters of real estate