Alaska License LawIntermediateAlaska Exam
A licensee in Alaska who performs real estate services for an unlicensed entity in exchange for a fee would violate:
ARESPA anti-kickback provisions
BAlaska license law, which requires compensation to flow through a licensed brokerCorrect
CThe Real Estate Settlement Procedures Act, which reflects common industry practice
DThe Truth in Lending Act
Why Alaska license law, which requires compensation to flow through a licensed broker Is Correct
Answer B: Alaska license law, which requires compensation to flow through a licensed broker
Alaska law requires that all compensation to a licensee for real estate activities flow through the employing licensed broker. Receiving compensation directly from unlicensed parties or paying compensation to unlicensed individuals for referrals violates Alaska license law.
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