Alaska License LawIntermediateAlaska Exam
An Alaska licensee who knowingly participates in a fraudulent real estate transaction may face:
AOnly a small fine payable to the Commission
BLicense revocation, civil liability, and potentially criminal prosecutionCorrect
CA mandatory continuing education requirement
DOnly a public censure with no further penalty, under typical circumstances
Why License revocation, civil liability, and potentially criminal prosecution Is Correct
Answer B: License revocation, civil liability, and potentially criminal prosecution
Participating in fraudulent real estate transactions is among the most serious violations a licensee can commit. Consequences may include license revocation or suspension, civil lawsuits by harmed parties, and criminal prosecution for fraud — potentially including federal wire fraud or bank fraud charges.
People Also Study
Related Alaska Questions
- A real estate licensee in Alaska who is convicted of a felony involving fraud may face:Alaska License Law
- A licensee in Alaska is found to have engaged in misrepresentation and fraud. Which of the following disciplinary actions can the Alaska Real Estate Commission NOT impose?Alaska License Law
- A licensee whose Alaska real estate license has lapsed for fewer than 2 years may reinstate it by:Alaska License Law
- An Alaska licensee who knowingly makes a material misrepresentation to a client faces:Alaska License Law
- Alaska contains a large amount of federal public land managed by which agency for multiple-use purposes including timber, grazing, and recreation?Property Ownership
- The Alaska Human Rights Act provides fair housing protections that extend beyond the federal Fair Housing Act. Which additional protected class does Alaska law include?Fair Housing
- In Alaska, protected classes under the federal Fair Housing Act include all EXCEPT:Fair Housing
Key Terms to Know
Math Concepts
State-Specific Concepts
Continuing Education
Practice More Alaska Real Estate Questions
1,400+ questions covering all exam topics. Start free — no signup required.
Take the Free Alaska Quiz →