Alaska Real Estate Exam Practice Questions (2025)

Alaska's real estate salesperson exam has 120 questions: 80 national and 40 state-specific. You need 70% (84/120) to pass. Here are practice questions covering both sections.

National Section Questions

Q1: Which type of depreciation is caused by poor floor plan design or outdated features? A) Physical deterioration B) Functional obsolescence C) External obsolescence D) Economic obsolescence

Answer: B — Functional obsolescence results from flaws in design, layout, or features (e.g., only one bathroom in a 4-bedroom home, a bedroom accessible only through another bedroom).

Q2: Under the Fair Housing Act, which of the following is NOT a protected class? A) Familial status B) National origin C) Sexual orientation D) Religion

Answer: C — Sexual orientation is not a federal protected class under the Fair Housing Act, though HUD guidance and many state/local laws extend protection. The 7 federal classes are: race, color, religion, national origin, sex, disability, familial status.

Q3: A seller accepts a buyer's offer at 2 PM on Monday. At 4 PM Monday, the seller receives a higher offer. Can the seller accept the second offer? Answer: No — acceptance created a binding contract at 2 PM. The seller cannot accept the second offer without defaulting on the first contract.

Alaska-Specific Section Questions

Q4: The Alaska Real Estate Commission (AREC) is under which state department? A) Department of Commerce, Community, and Economic Development B) Department of Labor and Workforce Development C) Department of Natural Resources D) Department of Administration

Answer: A — Alaska's Real Estate Commission operates under the Department of Commerce, Community, and Economic Development (DCCED).

Q5: Alaska real estate license law is found in: A) Alaska Statutes Title 8, Chapter 8.88 B) Alaska Statutes Title 34 (Property) C) Alaska Statutes Title 23 D) Alaska Administrative Code Title 12

Answer: A — Alaska's real estate license law is in AS 08.88, and implementing regulations are in 12 AAC 64.

Q6: Alaska requires salesperson applicants to complete how many hours of prelicense education? A) 40 hours B) 40 hours initial + 20 hours within 6 months C) 80 hours D) 40 hours for salesperson, 20 additional for each renewal

Answer: B — Alaska requires 40 hours of prelicense education, plus an additional 20 hours of postlicense education within 6 months of initial licensure.

Q7: Which statement about Alaska property is unique compared to most states? A) Alaska has no property taxes B) Alaska residents receive annual Permanent Fund Dividend payments from oil revenues C) All Alaska land is owned by the federal government D) Alaska does not allow private ownership of real property

Answer: B — Alaska's Permanent Fund Dividend (PFD) is a unique feature where Alaska residents receive annual payments from oil revenues. While this isn't directly a real estate law topic, Alaska's resource-based economy and unique land ownership patterns (large federal land holdings, Native corporation lands) affect property practice.

Q8: In Alaska, a real estate licensee must disclose material facts about a property: A) Only if the buyer asks B) Only if the seller consents to disclosure C) Regardless of whom the licensee represents D) Only when representing the buyer

Answer: C — Alaska requires disclosure of known material facts that affect the value of the property regardless of which party the licensee represents.

Q9: Alaska licenses expire: A) Every year on December 31 B) Every 2 years on the licensee's birthday C) Every 2 years on a uniform date set by AREC D) Every 3 years

Answer: C — Alaska real estate licenses renew every 2 years. The Commission sets renewal deadlines.

Q10: Alaska's unique property consideration includes: A) Permafrost affecting foundation construction and property value B) Mandatory flood insurance for all properties C) Required disclosure of aurora borealis frequency D) No easement law due to federal land dominance

Answer: A — Permafrost is a significant and Alaska-specific property consideration. Properties built on permafrost face unique foundation challenges, and permafrost conditions materially affect property value and insurability.

Key Alaska Topics

• AREC: Under DCCED
• AS 08.88: Alaska real estate license law
• 40+20 hours: Prelicense + postlicense requirement
• Permafrost disclosure: Material fact unique to Alaska
• Material fact disclosure: Required regardless of representation

[Practice Alaska questions at CARealestate.com/states/alaska](https://carealestate.com/states/alaska)