A broker in Alaska asks a salesperson about a broker builds office procedures for representation and specific assistance. Which answer follows Alaska law?
Correct Answer
A) The broker must adopt a written policy manual covering designated licensees, neutral licensees, confidentiality, single-licensee assistance, and applicable team supervision topics
12 AAC 64.117 requires a broker written policy manual covering the listed representation, confidentiality, and team-supervision topics. Source basis: Alaska DCCED Real Estate Commission RECregulations.pdf: cited rules include 12 AAC 64.117, 64.118, 64.119, 64.130, 64.140, and 64.550; checked 2026-04-30.
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Related Topics & Key Terms
Related Topics:
Key Terms:
Related Concepts
In real estate, a client is someone to whom the agent owes fiduciary duties through an agency relationship, while a customer is a third party to whom the agent owes only honesty and fair dealing.
An arrangement where a brokerage assigns separate agents within the firm to represent the buyer and seller in the same transaction, allowing each client to have dedicated representation.
A situation where a single agent or brokerage represents both the buyer and the seller in the same real estate transaction.
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