Property Management requirements in Alaska

Must Alaska property managers have a real estate broker's license?

YES. A broker's license is required for any person or company that, for compensation, engages in the lease of real estate in Alaska, who offers real estate for rent or lease, who collects rent for the use of real estate or fees for property management, or who practices or who negotiates to practice property management. AS 08.88.161. A salesperson working under a broker may engage in such activities.

Must Alaska community association managers have a real estate broker's license?

YES. A real estate broker's license is required to collect fees for community association management and to practice or negotiate for a contract to practice community association management in Alaska. AS 08.88.161.

Alaska Real Estate Broker 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 forgery, theft, extortion, conspiracy to defraud, or any other felony implying character untrustworthiness.

  • 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

  • Be at least

In addition, an applicant wishing to become a licensed broker must complete 15 classroom hours approved broker training AND have completed 24 consecutive months within the last 36 as a licensed salesperson, and real estate must have been his/her principal occupation; he or she must either own a real estate business or work as the broker for a corporation or partnership.

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].

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IMPORTANT: This information is intended for informational purposes only and under no circumstances should it be considered legal advice or relied upon without first confirming its contents with your state real estate commission. Laws are updated frequently, and this information may not reflect the current law in your state. To confirm the specific requirements for each state, please contact your state real estate commission.

 

Property Managers in Alaska:

 

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