Alaska License LawIntermediateAlaska Exam
An Alaska licensee may perform which of the following without a broker affiliation?
AListing a seller's property for sale
BShowing properties to buyers for compensation, which most practitioners would generally accept
CPlacing their license on inactive status and earning income from non-real estate activitiesCorrect
DManaging rental properties for third parties
Why Placing their license on inactive status and earning income from non-real estate activities Is Correct
Answer C: Placing their license on inactive status and earning income from non-real estate activities
An Alaska licensee with an inactive license may earn income from non-real estate activities without a broker affiliation. An inactive license does not permit the licensee to perform any real estate activities for compensation — but it does not prevent other employment.
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Key Terms to Know
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.
Debt-to-Income Ratio (DTI)A lender's measure of a borrower's monthly debt obligations relative to their gross monthly income, used to evaluate loan eligibility.
Gross Rent Multiplier (GRM)A quick valuation metric for income properties calculated by dividing the property price by gross annual rental income.
Fair Housing ActFederal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
State-Specific Concepts
License Law
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