Free Alaska Real Estate Broker Examination — State Law Portion Practice Questions

Sample Practice Questions

Try these 10 sample questions from the Alaska Real Estate Broker Examination — State Law Portion practice bank. Each includes the answer and explanation. Continue with the interactive practice above to review the full question set.

1. 1After the Alaska commission issues a temporary cease-and-desist order without advance notice, the affected person timely requests a hearing. By when must the hearing be held?

   1. A. Within 15 days after the request
   2. B. Within 30 days after the request
   3. C. Within 45 days after the request
   4. D. Within 60 days after the request

   Answer: B

   Explanation: AS 08.88.037 requires the hearing to be held within 30 days after the commission receives the request. The controlling text states, “a hearing shall be conducted by a hearing officer within 30 days.”

   Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.037(c)

2. 2Which person generally must hold an Alaska real estate license?

   1. A. An owner selling the owner's own property without holding out as a licensee
   2. B. An attorney performing duties in an attorney-client relationship
   3. C. A person who, for compensation, negotiates the sale of another's real estate
   4. D. A court-appointed receiver acting under court order

   Answer: C

   Explanation: AS 08.88.161 requires a license for a person who, for compensation or with the expectation of compensation, performs listed brokerage acts for another; the other choices describe statutory exemptions. The controlling text states, “Unless licensed as a real estate broker, associate real estate broker, or real estate salesperson.”

   Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.161 and AS 08.88.900

3. 3Before providing specific assistance, what must an Alaska licensee generally disclose to a consumer?

   1. A. The licensee's real estate relationship with the consumer
   2. B. The broker's annual gross revenue
   3. C. Every prior offer on every listed property
   4. D. The licensee's personal tax return

   Answer: A

   Explanation: AS 08.88.615 requires disclosure of the licensee's relationship before providing specific assistance, using the commission's disclosure pamphlet and acknowledgment procedure. The controlling text states, “Before a real estate licensee provides specific assistance to a person.”

   Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.615(a); 12 AAC 64.118

4. 4Before advertising a property for sale, lease, or rent, what authorization must the brokerage obtain?

   1. A. Written authority from the owner or the owner's authorized agent
   2. B. Oral authority from any occupant of the property
   3. C. Written authority from the local recording district
   4. D. Oral authority from the prospective purchaser

   Answer: A

   Explanation: Advertising the property without first obtaining the owner's or authorized agent's written authority is grounds for discipline. The controlling text states, “advertising a property for sale, lease, or rent without first obtaining the written authority.”

   Reference: Statutes and Regulations - Real Estate Commission — 12 AAC 64.130(6)

5. 5What form must an Alaska real estate listing agreement take?

   1. A. It may always be oral
   2. B. It must be written and signed by the broker or associated licensee and by the client or authorized representative
   3. C. It must be recorded before marketing begins
   4. D. It is valid only if notarized

   Answer: B

   Explanation: AS 08.88.341 requires listings to be in writing and signed by the broker or associated licensee and the client or authorized representative. The controlling text states, “All real estate listings or management contracts must be in writing.”

   Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.341

6. 6In whose registered name must a licensee conduct property management activity?

   1. A. The property owner's personal name only
   2. B. The registered name of the real estate company with which the licensee is affiliated
   3. C. Any trade name chosen for each property
   4. D. The tenant association's name

   Answer: B

   Explanation: 12 AAC 64.550(a) requires property management activity to be conducted in the affiliated real estate company's registered name. The controlling text states, “shall conduct property management activity in the registered name of the real estate company.”

   Reference: Statutes and Regulations - Real Estate Commission — 12 AAC 64.550(a)

7. 7A broker wants one associate broker to be in charge of two branch offices at the same time. Is that permitted?

   1. A. Yes, without restriction
   2. B. Yes, if both branches are in one city
   3. C. No, a designated associate broker may be in charge of only one branch office
   4. D. No associate broker may ever manage a branch

   Answer: C

   Explanation: AS 08.88.311 permits an associate broker to manage a branch but limits the associate broker to one branch office. The controlling text states, “An associate real estate broker shall supervise only one office.”

   Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.171

8. 8A licensee receives notice of a temporary commission order. How long does the licensee have to request a hearing before waiving that right?

   1. A. 10 days after receipt
   2. B. 15 days after receipt
   3. C. 20 days after receipt
   4. D. 30 days after receipt

   Answer: B

   Explanation: The right to a hearing is waived unless requested within 15 days after receipt of the temporary order. The controlling text states, “does not request a hearing within 15 days after receiving the notice.”

   Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.037(c)

9. 9An unlicensed auctioneer plans to auction Alaska real property. Which arrangement fits the statutory auctioneer exception?

   1. A. Approved auction education with a supervising broker available remotely
   2. B. Approved auction education with a supervising Alaska broker or associate broker present
   3. C. Auction experience without approved education but with a salesperson present
   4. D. Approved auction education with an unlicensed property manager present

   Answer: B

   Explanation: The exception requires qualifying education and that "a real estate broker licensed under this chapter or an associate real estate broker licensed under this chapter supervises and is present during the auction."

   Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.165

10. 10A licensee proposes to provide specific assistance to both buyer and seller without representing either. What is the licensee's statutory role?

    1. A. Designated licensee
    2. B. Neutral licensee
    3. C. Representing licensee
    4. D. Unrepresented licensee

    Answer: B

    Explanation: The statute defines "neutral licensee" as a licensee who provides specific assistance to both sides of a transaction and "does not represent either party."

    Reference: Statutes and Regulations - Real Estate Commission — AS 08.88.695(4)