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AgencyConfidentialityMEDIUM

An Alaska licensee is reviewing a team handles clients represented within the same office. What is the best answer?

Correct Answer

B) The broker policy must address maintaining confidentiality within the office for all transactions and, if teams are supervised, how consumers are represented within a team

12 AAC 64.117 requires written policy coverage for office confidentiality and applicable team-supervision representation procedures. 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.

Answer Options
A
The licensee can cure the problem after closing without any exam consequence.
B
The broker policy must address maintaining confidentiality within the office for all transactions and, if teams are supervised, how consumers are represented within a team
C
The agreement or disclosure is optional if the parties trust the licensee.
D
The issue is controlled only by the national agency topic, not Alaska law.

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Related Topics & Key Terms

Related Topics:

ak.Vconfidentiality

Key Terms:

alaskaak.Vconfidentialityconfidentiality-policy

Related Concepts

The legal obligation to reveal information that could affect a party's decision to enter into or the terms of a real estate transaction.

The extent of power and actions an agent is authorized to perform on behalf of the principal, as defined by the agency agreement.

The fiduciary obligations owed by a listing agent to the seller, including marketing the property, presenting all offers, and protecting the seller's confidential information.

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