Alaska Administrative Code
Title 12 - Professional Regulations
Part 1 - Boards and Commissions Subject to Centralized Licensing
Chapter 64 - Real Estate Commission
Article 3 - Place of Business
12 AAC 64.117 - Broker's written policy

Universal Citation: 12 AK Admin Code 64.117

Current through August 30, 2024

A broker shall adopt a written policy manual that addresses guidelines and procedures

(1) to determine the designated licensee;

(2) that establish a policy for when the broker becomes a designated licensee;

(3) for neutral licensees;

(4) for a single real estate licensee representing one party in a transaction while providing specific assistance to an unrepresented party in the same transaction;

(5) for maintaining confidentiality within the office for all transactions; and

(6) for the supervision of teams, if applicable, to include a policy covering

(A) the usage of the consumer disclosure required under 12 AAC 64.118; and

(B) how consumers arc represented within a team.

Authority:AS 08.88.071

AS 08.88.081

AS 08.88.171

AS 08.88.600

AS 08.88.685

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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