Which Alaska rule applies when an Alaska licensee also holds an out-of-state license that is restricted, suspended, or revoked?
Correct Answer
B) The Alaska licensee must inform the commission within five calendar days after receiving notice of the other jurisdiction action
12 AAC 64.085 requires notice to the commission within five calendar days when an out-of-state real estate license is revoked, suspended, or restricted. Source basis: Alaska DCCED Real Estate Commission official Statutes and Regulations page and RECregulations.pdf: AS 08.88 and 12 AAC 64 govern Alaska real estate practice; cited rules include 12 AAC 64.059, 64.063, 64.064, 64.071, 64.075, 64.085, and 64.099; checked 2026-04-30.
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Related Topics & Key Terms
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Related Concepts
Advertising regulations govern how real estate licensees may market properties and services, requiring truthful, non-deceptive advertising that includes proper identification of the brokerage.
Antitrust violations in real estate occur when competing brokerages or agents engage in practices that restrain trade, reduce competition, or harm consumers through collusion. These violations are governed by the Sherman Antitrust Act and can result in severe penalties.
Broker supervision is the legal obligation of a designated or managing broker to oversee and be accountable for the real estate activities of all salespersons and associate brokers operating under their license.
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