Agency
An Alaska agent who provides 'ministerial' services to a party is performing:
AReligious counseling related to the transaction
BRoutine, non-discretionary tasks (such as showing a home or presenting forms) that do not constitute representation✓ Correct
CThe highest level of fiduciary duty
DAdvisory services beyond the scope of the listing agreement
Explanation
Ministerial acts are routine, non-discretionary tasks that any licensed agent performs — such as showing a property, delivering documents, or identifying financing sources — that do not create an agency relationship or require the exercise of judgment on behalf of the party.
People Also Study
Related Alaska Questions
- Which type of agency is created when an agent acts on behalf of a principal without explicit authorization, but the principal later approves the action?Agency
- The duty of 'loyalty' in an Alaska agency relationship means the agent must:Agency
- Under Alaska agency law, which type of agency relationship requires written disclosure and consent from both parties?Agency
- In Alaska, a neutral third party that holds funds and documents and follows instructions from both buyer and seller is called:Escrow & Title
- Which of the following actions would terminate an agency relationship in Alaska by operation of law?Agency
- A licensee in Alaska who performs real estate services for an unlicensed entity in exchange for a fee would violate:Alaska License Law
- The 'Alaska Housing Finance Corporation' (AHFC) provides which of the following services?Finance
Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Fiduciary DutyThe highest legal duty an agent owes to a principal — requiring the agent to act in the principal's best interest above all others.
Listing AgreementA contract between a property owner and a real estate broker that authorizes the broker to market and sell the property.
Seller's Agent (Listing Agent)A real estate licensee who represents the seller's interests, markets the property, and owes fiduciary duties to the seller.
Study This Topic
Practice More Alaska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →