Broker/Associate
Broker
Licensing
Requirements
In
accordance
with AS
08.88.171,
a person
desiring
to acquire
any type
of real
estate
license
in Alaska
must:
- Pass
the appropriate
exam
- Not
be under
indictment
for conspiracy to defraud, or fraud.
- Apply
for licensure
within
six months
after
passing
the exam.
- Pay
the appropriate
fees
[12 AAC
64.073
and 12
AAC 02.360]
- Meet
the appropriate
education
requirements.
Additional
Requirements
for Broker's
License
An
applicant
wishing
to become
a licensed
broker
must complete
15 classroom
hours approved
broker
training.
A
person
must have
completed
24 consecutive
months
within
the last
36 as a
real estate licensee,
and real
estate
must have
been his/her
principal
occupation;
he must
either
own a real
estate
business
or work
as the
broker
for a corporation
or partnership.
A
corporation
or partnership
can have
only one
broker
in charge.
If a second
person,
meeting
the qualifications
of a broker,
holds an
ownership
position
or is employed
by the
company,
that person
is considered
an associate
broker.
If
a broker
no longer
meets the
conditions
of ownership
or corporate
employment,
his/her
broker
license
is suspended
until such
time as
that status
is resumed;
alternatively,
he/she
may become
an associate
broker
in another
broker's
office.
A
person
who has
been convicted
of a felony
of one
of the
types listed
above may
not be
granted
a broker's
license
until seven
years after
the complete
sentence
has been
served.
[AS08.88.171(a)
and 12
AAC 64.950].
Additional
Requirements
for Associate
Broker's
License
An
applicant
wishing
to become
an associate
broker
must complete
15 classroom
hours approved
broker
training.
A
person
must have
been a real estate liccensee for 24
consecutive
months
within
the last
36, and
real estate
must have
been his/her
principal
occupation.
He/she
must have
passed
the broker's
exam and
be affiliated
with a
licensed
broker.
A
person
who has
been convicted
of a felony
of one
of the
types listed
above may
not be
granted
an associate
broker's
license
until five
years after
the complete
sentence
has been
served.
[AS08.88.171(a)
and 12
AAC 64.950].
