Alaska License LawIntermediateAlaska Exam
A real estate licensee in Alaska may NOT accept compensation from:
ATheir employing broker
BBoth the buyer and seller in a transaction without informed written consent of all partiesCorrect
CA referral fee from an out-of-state broker, which most practitioners would generally accept
DA developer for selling new construction
Why Both the buyer and seller in a transaction without informed written consent of all parties Is Correct
Answer B: Both the buyer and seller in a transaction without informed written consent of all parties
A licensee may not accept compensation from more than one party in a transaction without the informed written consent of all parties involved. Dual compensation without disclosure is considered a conflict of interest and violates Alaska license law.
People Also Study
Related Alaska Questions
- Under Alaska agency law, which type of agency relationship requires written disclosure and consent from both parties?Agency
- A licensee in Alaska may accept compensation for a real estate transaction from:Alaska License Law
- A licensee in Alaska may legally do which of the following without a real estate license?Alaska License Law
- When must an Alaska licensee present a written disclosure of agency to a client in a residential transaction?Agency
- Which of the following is NOT considered a licensee's duty under Alaska's duty of disclosure to customers (non-clients)?Alaska License Law
- In Alaska, which of the following requires a licensee to provide a written agency disclosure to a consumer?Alaska License Law
- Under Alaska agency law, when must a licensee provide the agency disclosure to a potential buyer?Agency
- In Alaska, if a real estate firm represents both the buyer and seller in the same transaction without designating separate agents, this is considered:Agency
Key Terms to Know
State-Specific Concepts
License Law
Practice More Alaska Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →