Alaska Statutes Title 08, Chapter 08.88, Article 05 - License Relationships and Duties

• Sec. 08.88.600 Licensee Relationships.
  (a) A real estate licensee who provides real estate services to one party in a real estate transaction represents only that party unless the...
• Sec. 08.88.605 Additional Licensee Relationship Provisions.
  (a) A real estate licensee may provide real estate services to a party in separate real estate transactions under different licensee relationships if the...
• Sec. 08.88.610 Authorization of Neutral Licensee Relationship.
  (a) Before a real estate licensee begins acting as a neutral licensee, the real estate licensee may obtain preauthorization from a person to act...
• Sec. 08.88.615 Duties Owed by Licensee in All Licensee Relationships.
  (a) Unless additional duties are agreed to in a written document signed by the person, and regardless of the type of licensee relationship in...
• Sec. 08.88.620 Duties Owed by Licensee Representing a Person.
  Unless additional duties are agreed to in a written document signed by the person represented by the licensee, a real estate licensee who represents...
• Sec. 08.88.625 Waiver of Duties.
  A real estate licensee or a person to whom a licensee provides specific assistance may not waive the duties identified under AS 08.88.615 and...
• Sec. 08.88.630 Duties Not Owed by Licensee.
  Unless agreed otherwise, a real estate licensee does not owe a duty to a person with whom the licensee has established a licensee relationship...
• Sec. 08.88.635 Acts Not Amounting to Adverse or Detrimental Acts or Conflicts of Interest.
  (a) If a licensee shows real estate not owned or leased by the seller or lessor to prospective buyers or lessees or lists competing...
• Sec. 08.88.640 Designated Licensee Relationship.
  (a) Unless the broker is the designated licensee, the relationship, including the duties, obligations, and responsibilities of the relationship, established between a person and...
• Sec. 08.88.645 Duties of Neutral Licensee.
  (a) Unless additional duties are agreed to in a written document signed by the neutral licensee and the seller, buyer, lessor, or lessee, the...
• Sec. 08.88.650 No Imputation of Knowledge Resulting From Neutral Licensee Relationship.
  In a neutral licensee relationship, the knowledge or information of the licensee about one client is not imputed to other clients or to other...
• Sec. 08.88.655 Compensation.
  (a) A real estate broker may be compensated by any party to a real estate transaction, by a third party, or by one or...
• Sec. 08.88.660 Duration of Relationship.
  (a) A licensee relationship with a buyer, lessee, seller, or lessor begins when the licensee represents or provides specific assistance to the buyer, lessee,...
• Sec. 08.88.665 Vicarious Liability.
  A seller, buyer, lessor, or lessee is not liable for an act, error, or omission of a real estate licensee that arises out of...
• Sec. 08.88.670 Imputed Knowledge and Notice.
  (a) Unless otherwise agreed to in writing, a seller, buyer, lessor, or lessee is not considered to have knowledge or notice of a fact...
• Sec. 08.88.675 Common Law Abrogated.
  The common law of agency related to real estate licensee relationships in real estate transactions is expressly abrogated to the extent inconsistent with AS...
• Sec. 08.88.680 Causes of Action.
  (a) A person may not bring an action against a neutral licensee for making a disclosure that is required or permitted under this chapter.(b)...
• Sec. 08.88.685 Policies, Guidelines, and Requirements.
  (a) A broker shall adopt written policies and procedures available to the commission and to members of the public on request that(1) require real...
• Sec. 08.88.690 Exemptions.
  A real estate licensee is exempt from the signature requirements of AS 08.88.600 - 08.88.695 when the licensee provides specific assistance to(1) a corporation...

Last modified: November 15, 2016