EstatePass
AgencyConsumer DisclosureMEDIUM

In Alaska real estate practice, a licensee is about to provide specific assistance or enter a representation contract with a person. What should the licensee remember?

Correct Answer

D) The licensee must provide the commission consumer disclosure form before providing specific assistance or when entering the contract

12 AAC 64.118 requires the Alaska Real Estate Commission Consumer Disclosure before specific assistance or when entering into a contract to provide specific assistance. 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 agreement or disclosure is optional if the parties trust the licensee.
B
The issue is controlled only by the national agency topic, not Alaska law.
C
The licensee can cure the problem after closing without any exam consequence.
D
The licensee must provide the commission consumer disclosure form before providing specific assistance or when entering the contract

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Related Topics & Key Terms

Related Topics:

ak.Vconsumer-disclosure

Key Terms:

alaskaak.Vconsumer-disclosureconsumer-disclosure-before-assistance

Related Concepts

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.

A practice where the agent or brokerage represents only one party in a transaction — either the buyer or the seller, but never both.

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