Alaska State Real Estate Exam

A real estate sales person decides to sell his own property. The sales person may not {Ans: Pay a listing commission}A license he has entered into neutral license relationship agreements with both a seller and the buyer. The buyer is interested in making an offer on the sellers property. Can this occur? {Ans: Yes if the buyer ends the seller both give their written consent to a neutral license relationship and sign the waiver of right to be represented form.}Which of the following is exempt from the provisions of the real estate license law {Ans: An individual who receive compensation for curing perspective buyers or renters of real estate}In the event of an unresolved dispute, a buyer whose family takes occupy prior To closing of a home they have contracted to buy must vacate the property accordance with the {Ans: Terms of the rental agreement with the seller}Every Alaska real estate office is required to {Ans: Keep transaction records for three years}A Broker commits a fraudulent acts in connection with the sale of a property on March 15, 1999. On March 30 the transaction closes. On November 1 client sues the broker alleging fraud. On