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Practice Of Real EstatePropertyManagementMEDIUM

A broker in Alaska asks a salesperson about a licensee performs property management for a client. Which answer follows Alaska law?

Correct Answer

C) The licensee must conduct property management activity in the registered name of the affiliated real estate company

12 AAC 64.550(a) requires property management activity to be conducted in the registered name of the affiliated real estate company. Source basis: Alaska DCCED Real Estate Commission RECregulations.pdf and Alaska Court System PUB-30 Landlord and Tenant Act booklet: cited rules include 12 AAC 64.180, 64.200, 64.220, 64.240, 64.550, 64.560, 64.570 and AS 34.03 security-deposit/remedy rules; checked 2026-04-30.

Answer Options
A
Property management money can be handled in an ordinary operating account if the owner agrees orally.
B
The rule applies only to sales transactions and never to rental management.
C
The licensee must conduct property management activity in the registered name of the affiliated real estate company
D
The property manager may follow any owner instruction even if it conflicts with Alaska property-management rules.

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Related Topics & Key Terms

Related Topics:

ak.VIpropertyManagement

Key Terms:

alaskaak.VIpropertyManagementregistered-name
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