Alaska Administrative Code
Title 12 - Professional Regulations
Part 1 - Boards and Commissions Subject to Centralized Licensing
Chapter 64 - Real Estate Commission
Article 6 - Recovery Fund Claims
12 AAC 64.285 - Claims

Universal Citation: 12 AK Admin Code 64.285

Current through August 30, 2024

Claims for payment from the real estate recovery fund must

(1) be submitted on a form provided by the commission;

(2) be for a loss suffered in a real estate transaction by the claimant as a result of fraud, intentional tort, deceit, the conversion of trust funds, or the conversion of community association accounts by an involved licensee;

(3) include all the information required by AS 08.88.460(a) and by the claim form itself;

(4) be accompanied by the documents required by AS 08.88.460(a)(3)(B) and (C); and

(5) be executed under penalty of unsworn falsification.

Authority:AS 08.88.081

AS 08.88.460

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