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AgencyWaiver Of RepresentationMEDIUM

For the Alaska salesperson state portion, a neutral licensee obtains a waiver of the right to be represented. Which statement is correct?

Correct Answer

C) The written consent must be provided on the commission Waiver of Right to Be Represented form adopted by reference

12 AAC 64.119 requires the commission waiver form for written consent obtained by a neutral licensee under AS 08.88.610. 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 issue is controlled only by the national agency topic, not Alaska law.
B
The licensee can cure the problem after closing without any exam consequence.
C
The written consent must be provided on the commission Waiver of Right to Be Represented form adopted by reference
D
The agreement or disclosure is optional if the parties trust the licensee.

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Related Topics & Key Terms

Related Topics:

ak.Vwaiver-of-representation

Key Terms:

alaskaak.Vwaiver-of-representationwaiver-commission-form

Related Concepts

A relationship where a listing broker authorizes other brokers to act as agents of the seller, extending the seller's agency relationship to cooperating brokers.

A non-agency relationship where the broker facilitates a real estate transaction without representing either party, owing limited duties of honesty, fairness, and competence to both.

The legal principle that holds a broker responsible for the actions of their agents and employees performed within the scope of the agency relationship.

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