Alaska License Law
A real estate licensee in Alaska who is also a licensed mortgage loan originator (MLO) must:
AChoose one license and surrender the other
BDisclose both roles to clients and ensure compliance with laws governing both licenses✓ Correct
CObtain special approval from AREC to hold dual licenses
DLimit mortgage activities to properties they have listed
Explanation
A person holding both a real estate license and a mortgage loan originator license in Alaska must disclose both roles to clients and comply with the laws governing each license. Conflicts of interest and disclosure requirements are particularly important when the same person serves as both agent and loan originator.
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