Alaska License Law
An Alaska licensee who discovers their employing broker is engaged in fraud should:
AStay silent to protect their job
BRefuse to participate and report the fraud to appropriate authorities✓ Correct
CComplete only their own transactions and let the broker deal with the consequences
DWait until the broker's license expires before reporting
Explanation
A licensee who discovers their broker is committing fraud has both a professional and potentially legal obligation to refuse participation and report the activity to the Alaska Real Estate Commission and, if appropriate, law enforcement. Remaining silent while knowing about ongoing fraud may make the licensee an accomplice.
Related Alaska Alaska License Law Questions
- Under Alaska statutes, which of the following activities does NOT require a real estate license?
- An Alaska salesperson who earns a referral fee from a title company for referring clients to them is likely violating:
- A licensee in Alaska who performs real estate services for an unlicensed entity in exchange for a fee would violate:
- An Alaska real estate salesperson license is valid for how long before renewal is required?
- A real estate licensee in Alaska who is convicted of a felony involving fraud may face:
- What is the minimum age requirement to obtain a real estate salesperson license in Alaska?
- An Alaska licensee who is asked by a client to help them purchase a property in a specialized area (such as commercial real estate) in which they have no experience must:
- Under Alaska law, a real estate licensee's license is automatically suspended if the licensee:
Practice More Alaska Real Estate Questions
1,500+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →