Alaska Real Estate Salesperson Exam — All Questions
11 questions
A person who has passed the Alaska salesperson examination may begin practicing real estate when:
- a.The exam results are posted
- b.The applicant joins a trade association
- c.The license is placed with and the salesperson is supervised by a licensed Alaska broker✓
- d.The applicant pays the Surety Fund assessment
Passing the exam is only one step. An Alaska salesperson may conduct licensed activity only after the license is placed with a licensed broker who agrees to supervise the salesperson and accept responsibility for the licensed activity and trust funds. Without an affiliating broker, the license is not active.
Before an Alaska real estate salesperson license may be issued, the applicant must complete commission-approved education of:
- a.20 hours
- b.30 hours
- c.40 hours✓
- d.60 hours
The statute sets the salesperson's pre-licensing requirement at 40 hours of commission-approved education. Applicants for a broker or associate broker license under AS 08.88.171(a) or (b) complete 30 hours instead. Cite: AS 08.88.091(b) and (c).
An 18-year-old Alaska resident passes the salesperson examination and applies for a license. The application will be denied because a salesperson applicant must be at least:
- a.18 years of age and a high school graduate
- b.19 years of age✓
- c.21 years of age
- d.18 years of age and an Alaska resident for one year
The salesperson qualifications include being at least 19 years of age, together with passing the salesperson examination, completing the education under AS 08.88.091, and furnishing proof of errors and omissions insurance. Cite: AS 08.88.171(c).
An Alaska candidate passes the salesperson examination in March. If the person has not applied for the license by the following September, the person:
- a.Must pass the examination again before applying✓
- b.May apply at any time on payment of a late fee
- c.Must complete 20 hours of continuing education first
- d.May apply within one year of passing
Every class of Alaska real estate licensee must apply for the license within six months after passing the examination. Missing the six-month window means the examination no longer supports an application. Cite: AS 08.88.171(a), (b) and (c).
In addition to continuing education, an Alaska licensee must complete 30 hours of commission-approved education within one year after the initial license is issued. A licensee who does not:
- a.Is fined $500 by the commission
- b.Keeps the license but may not supervise others
- c.Must repeat the pre-licensing course
- d.Holds a license that automatically lapses 30 days after the one-year period ends✓
The initial license document itself must carry prominent language that the license is subject to completing the education within one year. If the licensee neither completes it nor certifies completion, the license automatically lapses 30 days after the one-year period ends, though the commission may reinstate under AS 08.88.241. Cite: AS 08.88.095(a), (b) and (e).
Having finished the 30 hours of post-licensing education, an Alaska licensee must file the commission's certification form:
- a.Before the education begins, as a notice of intent
- b.Within 30 days after the one-year period✓
- c.At the next license renewal, with the fee
- d.Within 90 days after the last class ends
The licensee submits, on a commission form, a certification that the education is complete within 30 days after the end of the one-year period. After the form is filed and the fee paid, the commission issues a new license document without the conditional language. Cite: AS 08.88.095(c) and (d).
Continuing education required of an Alaska licensee before a license may be renewed is:
- a.12 hours
- b.15 hours
- c.20 hours✓
- d.30 hours
A licensee must complete 20 hours of commission-approved continuing education before the license may be renewed, and the commission may not set limits that prevent a licensee from satisfying the requirement within a two-day period. Cite: AS 08.88.091(d).
The Alaska commission splits the 20 continuing education hours into:
- a.An eight-hour core curriculum and 12 elective contact hours✓
- b.A four-hour law update and 16 elective contact hours
- c.Ten core hours and ten elective hours
- d.Twenty hours of the licensee's choosing from approved courses
The renewal applicant must take an eight-hour core curriculum identified by the commission that stresses current trends and changes in state, federal and case law, plus 12 contact hours of elective continuing education from the approved subject list. Cite: 12 AAC 64.500(b).
The Alaska commission must establish core continuing education curricula in four areas, and a licensee must complete at least one of them each biennial licensing period. Those four areas are:
- a.Law, ethics, contracts and finance
- b.Agency, disclosure, trust accounts and advertising
- c.Residential sales, land, appraisal and financing
- d.Real estate sales, property management, community association management and commercial sales✓
The statute names the four core curricula as real estate sales, property management, community association management, and commercial sales, and requires a licensee to complete at least one during each biennial licensing period. Cite: AS 08.88.091(g).
The Alaska real estate examination has a general part and a state part. An applicant:
- a.May take the two parts in separate sessions within one year
- b.Must sit for both parts during the same examination session✓
- c.Takes the state part only after the general part is graded
- d.May skip the general part with two years of out-of-state experience
The commission's rule requires the applicant to sit for both the general part and the state part during the same examination session. Registration is made with the commission-approved testing service, and registration fees are not refundable. Cite: 12 AAC 64.010(d).
A broker licensed and active in Oregon for six years seeks an Alaska license by endorsement. That person must:
- a.Take the full Alaska examination and the 40-hour course
- b.Wait until the Oregon license has been held for ten years
- c.Pass the state-law portion of the examination and meet the eligibility requirements of AS 08.88.171✓
- d.Obtain a temporary license and convert it after one year
License by endorsement requires passing the portion of the examination covering state law and meeting AS 08.88.171. The post-licensing education of AS 08.88.095(a) is added only when the applicant has held the other state's license for less than one year. Cite: AS 08.88.263.