Alaska License LawIntermediateAlaska Exam
An Alaska licensee who knowingly makes a material misrepresentation to a client faces:
AOnly civil liability but no regulatory action, in most cases
BOnly a written warning for a first offense
CPotential license revocation, fines, and criminal liabilityCorrect
DSuspension for no more than 30 days
Why Potential license revocation, fines, and criminal liability Is Correct
Answer C: Potential license revocation, fines, and criminal liability
Knowingly making a material misrepresentation is one of the most serious violations in Alaska real estate law. It can result in license suspension or revocation, civil fines up to $5,000 per violation, and potential criminal charges for fraud.
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