An Alaska licensee is reviewing a licensee owns rental property and deals with tenants or prospective tenants. What is the best answer?
Correct Answer
D) The licensee must disclose in writing that the licensee holds a real estate license and identify the affiliated company
12 AAC 64.550(e) requires a licensee-owner of rental real property to make the written licensee and company disclosure to tenants and prospective tenants. 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.
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Related Topics & Key Terms
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Key Terms:
Related Concepts
Commingling is the illegal act of mixing client funds with a broker's personal or business operating funds, while conversion is the unauthorized use of client funds for the broker's own benefit. Both are serious violations that can result in license revocation.
Commingling is the illegal act of mixing client trust funds with a broker's personal or business operating funds; conversion is the misappropriation of those funds.
Continuing education (CE) refers to the ongoing coursework that licensed real estate professionals must complete during each renewal cycle to maintain an active license. CE ensures agents stay current with changes in laws, regulations, and industry practices.
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