A person collects property management fees without a license and gains $8,000 from it. What is the largest civil penalty the Commission may levy for that offense?Answer: $13,000. Source: AS 08.88.167
A salesperson's fraud in a single sale injures three buyers. What is the most the Commission may award from the real estate recovery fund for that transaction?Answer: $15,000. Source: AS 08.88.465
The Commission's designee wants to inspect a broker's transaction records. How much advance notice of the inspection must the broker be given?Answer: At least 72 hours. Source: 12 AAC 64.135
The Department issues a temporary order telling a person to stop a practice that violates the license law. The order becomes final if the person does not request a hearing within how many days after receiving the notice?Answer: 15 days. Source: AS 08.88.037
Show all 40 questions (36 more)
Licensing 4
A person with no real estate license manages rental homes for other owners. Under the chapter's exceptions, what is the largest total number of residential units a natural person may manage for others without a license?Answer: Four units. Source: AS 08.88.900
A salesperson has held an inactive license for 30 months and wants to practice again. What must she do?Answer: Meet the requirements for initial licensure. Source: AS 08.88.251
A salesperson hires an assistant who holds no license. Which of these jobs may the assistant do under the Commission's regulation?Answer: Unlocking a property so that the licensee can show it. Source: 12 AAC 64.095
Which licensees must carry errors and omissions insurance as a condition of licensing in Alaska?Answer: Brokers, associate brokers and salespersons. Source: AS 08.88.172
Licensee duties and disclosures to the public 11
A declarant conveys a new unit in a common interest community without ever giving the purchaser the public offering statement. Besides a share of secured association debt, what part of the unit's sale price may the purchaser claim from the declarant?Answer: 10 percent. Source: AS 34.08.580
A licensee knows that a suicide occurred in a house. The licensee must tell a buyer before the buyer makes an offer if the death occurred within what period before the licensee first showed the house to that buyer?Answer: Within one year. Source: AS 08.88.615
A licensee owns a share of the lot a buyer wants. The written statement of that conflict must begin with which words, underlined and in bold?Answer: Disclosure of Conflict of Interest. Source: AS 08.88.391
A licensee provides real estate services to the seller in a sale, and nothing has been agreed in writing about anyone else. Whom does the licensee represent?Answer: Only the seller. Source: AS 08.88.600
A neutral licensee learns that the buyer would pay more than the price offered. When may the licensee tell the seller?Answer: Only with the consent of the buyer. Source: AS 08.88.645
After a unit owner's written request and a reasonable fee, the owners' association owes the owner a certificate for the resale of the unit. What is the association's deadline?Answer: Within 10 days. Source: AS 34.08.590
Before acting as a neutral licensee, a licensee needs each person's written consent on a separate form. What must the form be titled?Answer: Waiver of Right To Be Represented. Source: AS 08.88.610
In a sale, a broker pays part of the fee to another broker. At which two times must the broker disclose the amount or percentage in writing to the broker's own principal?Answer: When the listing contract and the settlement statement are signed. Source: 12 AAC 64.940
The residential real property transfer disclosure statement reaches a buyer, by hand, only after the buyer's written offer. Within what time may the buyer end the offer with a written notice of termination?Answer: Within three days. Source: AS 34.70.020
The seller pays the whole commission, part of which goes to the broker working with the buyer. What does that payment establish between the seller and the buyer's broker?Answer: No licensee relationship, by itself. Source: AS 08.88.655
Which of these is specific assistance, as the licensee relationship statutes define it?Answer: Preparing a written offer for a real estate transaction. Source: AS 08.88.695
Requirements governing the activities of licensees 10
A grateful seller offers a salesperson a bonus check made out to the salesperson. From whom may a salesperson accept a fee for an act that requires a license?Answer: Only from the salesperson's employing broker. Source: AS 08.88.401
A licensee may not pay any part of a commission to an unlicensed person. Which payment does the statute still allow?Answer: A contribution to a charitable organization. Source: AS 08.88.401
A person who holds no license claims to be an Alaska real estate salesperson and lists a house. How does the statute class the offense?Answer: A class A misdemeanor. Source: AS 08.88.401
A salesperson runs an ad to sell a cabin that she owns herself. What must the ad include?Answer: The broker's business name registered with the Department. Source: 12 AAC 64.130
A seller has signed a contract with one buyer when another buyer's written offer comes in. Which duty, owed in all licensee relationships, covers the new offer?Answer: To present the written offer in a timely manner. Source: AS 08.88.615
An employing broker's license is revoked on a Monday. What is the status of that broker's associate brokers and salespersons from that moment?Answer: Their licenses are automatically suspended at the same time. Source: 12 AAC 64.080
May a licensed salesperson prepare an earnest money agreement for a client's purchase?Answer: Yes, in the course of the salesperson's work as a licensee. Source: AS 08.88.405
Unless location, weather or transportation makes it impossible or unreasonable, how soon after receipt must trust money be deposited in or mailed to the trust account?Answer: Within five days. Source: 12 AAC 64.200
What must a licensee obtain before advertising a property for sale, lease or rent?Answer: The written authority of the owner or the owner's agent. Source: 12 AAC 64.130
When must a salesperson hand money collected in trust in a transaction to the broker or the broker's authorized representative?Answer: Immediately. Source: AS 08.88.331
Personal services agreements 5
A licensee may not manage property for another person without a prior written property management contract. Which item must the contract include at a minimum?Answer: The management fee. Source: 12 AAC 64.550
A licensee represents a buyer. Unless agreed otherwise in writing, which property is the licensee not obligated to show the buyer?Answer: Property with no written agreement to pay the licensee. Source: AS 08.88.620
An owner whose rental is under a property management contract asks the manager to sell it. What authorizes the licensee to handle the sale?Answer: Specific language in that contract, or a separate listing agreement. Source: 12 AAC 64.550
Under the Alaska license law, when is a commission earned?Answer: When the broker fulfills the terms of a written personal services contract. Source: AS 08.88.361
What must every exclusive listing have, and how may it be extended?Answer: A definite expiration date; extended only in a writing the client signs. Source: AS 08.88.341
Property management 6
A property manager wants to show an occupied apartment to a prospective tenant next week, and there is no emergency. What notice does the landlord and tenant act require before entry?Answer: At least 24 hours. Source: AS 34.03.140
A salesperson owns a duplex and rents it out. What must she disclose in writing to tenants and prospective tenants?Answer: That she holds a real estate license, and the company she is with. Source: 12 AAC 64.550
A tenant gives proper notice, moves out and leaves the unit undamaged. Within how many days after the tenancy ends and possession is delivered must the landlord mail the refund of the deposit?Answer: 14 days. Source: AS 34.03.070
In whose name must a licensee engaged in property management conduct that activity?Answer: In the registered name of the licensee's real estate company. Source: 12 AAC 64.550
Leaving aside a pet deposit, the landlord and tenant act caps prepaid rent or a security deposit at how many months' periodic rent, for a unit renting at $2,000 a month or less?Answer: Two months. Source: AS 34.03.070
Rent is unpaid when due, and the landlord gives written notice of nonpayment and of the intention to terminate. How long does the tenant have to pay in full before the tenancy terminates?Answer: 7 days. Source: AS 34.03.220
How this list was compiled: Written from the Alaska Statutes (AS 08.88, Real Estate Brokers and Other Licensees; AS 34.03, the Uniform Residential Landlord and Tenant Act; AS 34.08.580 and 34.08.590; AS 34.70) and from the Real Estate Commission's regulations, 12 AAC 64, as published by the Alaska State Legislature at https://www.akleg.gov/basis/statutes.asp and https://www.akleg.gov/basis/aac.asp, all read 2026-10-14. The spread of topics follows the Alaska Real Estate Law Content Outline for Salesperson and Broker Exams (effective September 14, 2023), published with the Alaska Real Estate Candidate Handbook of July 2026: https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/092202.pdf and https://www.pearsonvue.com/content/dam/VUE/vue/en/documents/publications/092200.pdf. Licence: Own work. Questions, answer choices and explanations were written for this site from the statute and regulation text; nothing is copied from another practice test, a prep book or the state exam. Short quotations from the statutes and regulations are marked.
How it works
This unofficial Alaska real estate license study guide works by practice: 40 of our own questions on the salesperson exam's state law portion, each answered from statute or regulation. It is not affiliated with the Alaska Real Estate Commission.
Read the full guide
Alaska real estate exam study guide: the six sections
The Alaska Real Estate Law Content Outline gives the salesperson 40 scored questions: powers of the Commission 4, licensing 4, licensee duties and disclosures to the public 10 to 12, requirements governing the activities of licensees 10, personal services agreements 4 to 6, property management 6. This bank holds 4, 4, 11, 10, 5 and 6.
What to read behind each answer
Most answers rest on AS 08.88, the license law, and the Commission's regulations in 12 AAC 64. The rest come from the transfer disclosure chapter, AS 34.70, the resale and public offering sections of AS 34.08, and the landlord and tenant act, AS 34.03. Each explanation links to its section.
A licensee who assists both buyer and seller and represents neither is a neutral licensee (AS 08.88.695).
The recovery fund pays at most $15,000 for a transaction and $50,000 for any one licensee (AS 08.88.465, 08.88.475).
Trust money goes to the broker immediately and into the trust account within five days, distance and weather permitting (AS 08.88.331, 12 AAC 64.200).
Questions and answers
How many questions are on the Alaska real estate exam?
For a salesperson, the Alaska Real Estate Candidate Handbook of July 2026 lists 80 scored questions on the general portion and 40 on state law, plus unscored pretest questions: 5 general and 5 to 10 state. Candidates have four hours in all.
What is the passing score on the Alaska real estate exam?
A scaled score of 75, by the handbook, which is neither the number nor the percentage of questions answered correctly. A candidate who passes one part and fails the other retakes the entire examination.
What do you need for an Alaska real estate license?
AS 08.88.171 and 08.88.091 ask a salesperson applicant to be at least 19, complete 40 hours of approved education, pass the examination, apply within six months of passing, and show proof of errors and omissions insurance.
Are these the real Alaska real estate exam questions?
No. Each one was written for this page from the Alaska Statutes and 12 AAC 64, and each answer was checked against its cited section on October 14, 2026. The handbook says examination material is not available for review.