Alaska License Law
An Alaska broker discovers that a salesperson in their office has been pocketing client security deposits. The broker's responsibility is to:
AAllow the salesperson to repay the funds before taking action
BReport the conduct to the Alaska Real Estate Commission and take immediate corrective action✓ Correct
CQuietly terminate the salesperson without reporting
DWait until the Alaska Real Estate Commission initiates an investigation
Explanation
A broker has a supervisory duty over licensees in their firm. Discovering misappropriation of client funds requires immediate corrective action and reporting to the Alaska Real Estate Commission to protect clients.
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