Alaska License LawIntermediateAlaska Exam
The Alaska Real Estate Commission may audit a broker's trust account:
AOnly if a complaint has been filed
BOnly with a court order
CAt any time as part of its regulatory oversight authorityCorrect
DOnly during the license renewal process, as a general rule
Why At any time as part of its regulatory oversight authority Is Correct
Answer C: At any time as part of its regulatory oversight authority
The Alaska Real Estate Commission has authority to audit broker trust accounts as part of its regulatory oversight responsibilities. Trust account audits may be conducted routinely or in response to complaints and do not require a court order.
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