Alaska Administrative Code
Title 12 - Professional Regulations
Part 1 - Boards and Commissions Subject to Centralized Licensing
Chapter 64 - Real Estate Commission
Article 2 - Licensing
12 AAC 64.059 - Review of license applications

Universal Citation: 12 AK Admin Code 64.059

Current through August 30, 2024

(a) An applicant who meets the requirements on the relevant checklist set out in this section has demonstrated the necessary qualifications for the license applied for. An applicant who does not meet the requirements on that checklist or whose responses on the form for application do not clearly show that the applicant is qualified to receive a license will not be issued a license unless the commission further reviews the application and determines that the applicant meets the qualifications in AS 08.88 and this chapter for that license.

(b) The following checklist is established by the commission for review of an application for a salesperson license; a salesperson license will be issued to an applicant who

(1) submits a completed form for application under this chapter, including
(A) the applicant's name, mailing address, and telephone number;

(B) the applicant's date of birth that shows the applicant is at least 19 years old;

(C) the applicant's employing broker's name, current and active license number, business name, telephone number, mailing address, and signature;

(D) "no" answers to all questions on the form dealing with felony indictments or convictions and license actions; and

(E) the applicant's notarized signature certifying that the information on the form is true and correct to the best of the applicant's knowledge;

(2) has passed the examination for real estate salespersons;

(3) files the completed form for application with the division within six months of passing the examination for real estate salespersons as calculated under 12 AAC 64.060(e);

(4) submits a prelicensing education certificate or a transcript from a college or university registrar verifying 40 hours of prelicensing education approved by the commission;

(5) pays the application and initial license fees established in 12 AAC 02.360; and

(6) pays the recovery fund fee established in 12 AAC 64.073.

(c) The following checklist is established by the commission for reviewing an application for a salesperson license by endorsement; a salesperson license by endorsement will be issued to an applicant who

(1) meets the requirements in (b)(1), (b)(5), and (b)(6) of this section;

(2) has passed the state law portion of the examination for real estate salespersons;

(3) files the completed form for application with the division within six months of passing the state law portion of the examination for real estate salespersons as calculated under 12 AAC 64.060(e);

(4) provides a license history from the licensing authorities in all other states in which the applicant holds a real estate license that shows the applicant meets the requirements in 12 AAC 64.061(c) for a valid and active license;

(5) submits documentation that the applicant met education requirements that covered the topics and hours listed in 12 AAC 64.063(c) (1) - (c)(6) and (c)(8) to obtain a license in another jurisdiction; and

(6) submits evidence of completing six contact hours of course work on Alaska real estate license law as required in 12 AAC 64.063(c) (7).

(d) The following checklist is established by the commission for reviewing an application for an associate broker license; an associate broker license will be issued to an applicant who

(1) submits a completed form for application, including
(A) the applicant's name, mailing address, and telephone number;

(B) the applicant's date of birth that shows the applicant is at least 22 years of age;

(C) the applicant's employing broker's name, current and active license number, business name, telephone number, mailing address, and signature;

(D) "no" answers to all questions on the form dealing with felony indictments or convictions and license actions; and

(E) the applicant's notarized signature certifying that the information on the form is true and correct to the best of the applicant's knowledge;

(2) has passed the examination for real estate brokers;

(3) files the completed application with the division within six months of passing the real estate broker examination as calculated under 12 AAC 64.060(e);

(4) submits a broker training education certificate or a transcript from a college or university registrar verifying 30 hours of broker training education approved by the commission;

(5) submits a statement, signed by the brokers who employed the applicant, verifying that the applicant has at least 36 months of active and continuous experience as a real estate licensee within the 60 months before the date of application for an associate broker license; and

(6) pays the transfer of license fee established in 12 AAC 02.360.

(e) The following checklist is established by the commission for review of an application for a broker license; a broker license will be issued to an applicant who

(1) meets the requirements of (d)(1) - (d)(5) of this section or is currently licensed in the state as an associate broker;

(2) submits a completed office registration form that includes the information required in 12 AAC 64.110(e); and

(3) pays the office registration fee and transfer of license fee established in 12 AAC 02.360.

(f) The following checklist is established by the commission for review of an application for an associate broker license by endorsement. An associate broker license by endorsement will be issued to an applicant who

(1) meets the requirements in (d)(1) of this section;

(2) has passed the state law portion of the examination for real estate brokers;

(3) files the completed form for application with the division within six months of passing the state law portion of the examination for real estate brokers as calculated under 12 AAC 64.060(e);

(4) provides a license history from the licensing authorities in all other states in which the applicant holds a real estate license that shows the applicant meets the requirements in 12 AAC 64.061(c) for a valid and active license;

(5) submits documentation that the applicant met education requirements that covered the topics and hours listed in 12 AAC 64.063(b) to obtain a broker or associate broker license in another jurisdiction;

(6) submits documentation that the applicant has completed six contact hours of course work on Alaska real estate license law and Alaska landlord tenent law as required in 12 AAC 64.063(c);

(7) pays the application and initial license fees established in 12 AAC 02.360; and

(8) pays the recovery fund fee established in 12 AAC 64.073.

(g) The following checklist is established by the commission for review of an application for a broker license by endorsement. A broker license by endorsement will be issued to an applicant who

(1) meets the requirements of (f) of this section;

(2) submits a completed office registration form that includes the information required in 12 AAC 64.110(e); and

(3) pays the office registration fee established in 12 AAC 02.360.

(h) Notwithstanding the requirements of (b) - (g) of this section, a license will not be issued to an applicant whose license history on the application form is incomplete or shows a license disciplinary action or investigation taken or pending. Applications showing a disciplinary action or investigation shall be referred to the commission for further review.

Authority:AS 08.88.071

AS 08.88.081

AS 08.88.091

AS 08.88.171

AS 08.88.263

Disclaimer: These regulations may not be the most recent version. Alaska may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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