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Alaska Alaska License Law
Practice Questions & Answers (2026)

Alaska license law questions make up a substantial portion of the AK state exam and cover rules that are specific to Alaska — national study materials often miss these details entirely. The Alaska Real Estate Commission tests its own licensing requirements, broker supervision standards, trust account rules, continuing education mandates, and advertising regulations. Candidates who pass the national portion comfortably often struggle on the state portion specifically because of these Alaska-specific provisions. Every question in this section tests something the Alaska Real Estate Commission enforces directly, so study each answer explanation carefully for the specific AK rule being tested.

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Alaska Alaska License Law — Practice Questions & Answers

162 questions on Alaska License Law from the Alaska real estate question bank. First 10 are free — sign up to unlock all 162.

Q1. Which state agency is responsible for regulating real estate licensees in Alaska?

A.Alaska Department of Commerce, Community, and Economic Development
B.Alaska Real Estate Commission
C.Alaska Board of Realtors
D.Alaska Division of Insurance

Explanation

The Alaska Real Estate Commission (AREC) regulates real estate licensees in Alaska. It operates under the Division of Corporations, Business and Professional Licensing within the Department of Commerce, Community, and Economic Development.

Q2. How many hours of pre-license education must a salesperson candidate complete before sitting for the Alaska real estate exam?

A.20 hours
B.30 hours
C.40 hours
D.60 hours

Explanation

Alaska requires salesperson applicants to complete 40 hours of pre-license education from an approved provider before they are eligible to sit for the state licensing exam.

Q3. The Alaska real estate licensing exam consists of how many questions, and what is the allotted time?

A.100 questions, 3 hours
B.120 questions, 3.5 hours
C.150 questions, 4 hours
D.200 questions, 5 hours

Explanation

The Alaska real estate licensing exam contains 150 questions and candidates are given 4 hours to complete it. A passing score of 70% is required.

Q4. What is the minimum passing score required on the Alaska real estate licensing exam?

A.65%
B.70%
C.75%
D.80%

Explanation

Candidates must achieve a score of at least 70% on the Alaska real estate licensing exam to pass and become eligible for licensure.

Q5. How often must Alaska real estate licensees renew their license?

A.Every year
B.Every 2 years
C.Every 3 years
D.Every 4 years

Explanation

Alaska real estate licenses must be renewed every 2 years. Licensees must also complete continuing education requirements during each renewal period.

Q6. Under Alaska license law, which of the following actions constitutes commingling?

A.Depositing earnest money into an escrow account within 3 business days
B.Mixing client trust funds with the broker's personal operating account
C.Maintaining separate trust accounts for different clients
D.Using a federally insured bank for the trust account

Explanation

Commingling occurs when a licensee mixes client funds held in trust with their own personal or business operating funds. Alaska law strictly prohibits commingling, and violations can result in license revocation.

Q7. An Alaska real estate salesperson wants to advertise their services independently without mentioning their employing broker. This is:

A.Permitted if the salesperson has at least 2 years of experience
B.Permitted if the advertisement is on social media only
C.Prohibited; all advertising must include the employing broker's name
D.Permitted with written approval from the Alaska Real Estate Commission

Explanation

Alaska advertising rules require that all advertising by a salesperson must include the name of their employing broker. A salesperson cannot advertise independently as if they were operating their own brokerage.

Q8. A licensee in Alaska is found to have engaged in misrepresentation and fraud. Which of the following disciplinary actions can the Alaska Real Estate Commission NOT impose?

A.Revocation of the license
B.Suspension of the license
C.Imposition of a civil fine
D.Criminal imprisonment

Explanation

The Alaska Real Estate Commission is an administrative body and can impose administrative sanctions such as license revocation, suspension, and fines. Criminal imprisonment is imposed by courts, not by the Commission.

Q9. Under Alaska law, trust account funds belonging to clients must be kept:

A.In an interest-bearing account for the broker's benefit
B.Separate from the broker's personal and business operating funds
C.In cash in a secure office safe
D.In any account as long as records are maintained

Explanation

Alaska law requires that all client funds held in trust be maintained in a separate trust account, completely apart from the broker's personal or business funds. This prevents commingling and protects client funds.

Q10. A broker's Alaska real estate license has lapsed for 6 months. The broker now wants to resume practice. What must the broker do?

A.Simply pay the renewal fee without any additional requirements
B.Complete the full pre-license education course again
C.Apply for reinstatement and meet any requirements imposed by the Alaska Real Estate Commission
D.Automatically qualify for reinstatement after paying a penalty fee

Explanation

A lapsed license requires reinstatement through the Alaska Real Estate Commission. Depending on the length of the lapse, requirements may include continuing education, additional coursework, or re-examination.

Q11. Which of the following activities requires a real estate license in Alaska?

A.An owner selling their own primary residence
B.An attorney handling a property sale as part of legal services
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