Alaska Agency and Consumer Disclosure
Alaska requires both an informational consumer brochure and a transaction-specific relationship disclosure. This chapter covers the pamphlet, the relationship disclosure, the neutral-licensee role, and the supervising broker's compliance duty.
The Consumer Pamphlet
At the first regular contact, a licensee must give the consumer the Alaska Real Estate Commission's consumer brochure describing available real estate relationships, including specific assistance without an agency relationship, single agency, and the neutral-licensee option. Early delivery lets the consumer choose how to be served before revealing confidential information.
The Relationship Disclosure
Alaska also requires a written disclosure identifying whom the licensee represents in the specific transaction, acknowledged by the parties. This documents whether the licensee represents the buyer, the seller, both by consent, or acts as a neutral licensee, and is separate from property-condition disclosures such as the transfer disclosure statement.
Neutral Licensee and Broker Compliance
A licensee may provide specific assistance without creating agency, acting as a neutral licensee who owes honesty and material-fact disclosure but not fiduciary loyalty. The supervising broker must ensure affiliated licensees deliver the required disclosures to both buyers and sellers at the right time and keep the signed documents in the file.