Alaska License Law
Under Alaska law, a licensee acting as a property manager must:
AHold a separate property management license
BOperate under the supervision of their employing broker✓ Correct
CBe licensed as a broker before managing properties
DRegister separately with the Alaska Real Estate Commission for each managed property
Explanation
In Alaska, property management activities — if performed for compensation on behalf of another — require a real estate license. Property managers must operate under the supervision of a licensed broker and follow all applicable licensee conduct requirements.
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Key Terms to Know
Agency
A legal relationship in which a licensee (agent) acts on behalf of a principal (buyer or seller) in a real estate transaction.
Joint TenancyCo-ownership where two or more people hold equal, undivided interests with the right of survivorship — when one owner dies, their share passes to the surviving owners.
Math Concepts
State-Specific Concepts
License Law
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