Alaska Real Estate Law Relationships 

When real estate professionals work with sellers and buyers, relationships are established.

As you start working with a Alaska real estate professional, you will receive  a clear explanation of the current laws. 

In Alaska you will be asked to sign the Alaska Real Estate Commission Consumer Pamphlet, required by law, so that you understand these important issues.

Alaska Real Estate LawAlaska Real Estate Law Victoria RobertsAlaska Real Estate Law Waivor

 

 

There are four different types of relationships established by Alaska Real Estate Law:

 

 

Ô   Assistance without representation

 

A licensee may provide specific assistance to an unrepresented party after disclosing  in writing on the Alaska Real Estate Commission Consumer Pamphlet to the unrepresented party.

 

Ô   Representation

 

A person in a real estate transaction has the right to be represented. The parties must sign the Alaska Real Estate Commission Consumer Pamphlet acknowledging receipt of notification of the licensee relationships.

 

 

Ô   Designated Licensee

 

This occurs when a Licensee represents or provides specific assistance to a party to a transaction and another Licensee in the same company represents or provides specific assistance to the other party to the transaction.

The parties must sign the Alaska Real Estate Commission Consumer Pamphlet  acknowledging receipt of notification of the licensee relationships.

 

 

Ô   Neutral Licensee

 

 

This occurs when a Licensee does not represent either party but provides specific assistance to both parties in the same transaction. The parties must authorize the Neutral Licensee relationship by signing the Alaska Real Estate Commission Consumer  Pamphlet noting Neutral Licensee and signing the “Waiver of Right to be  Represented” form.

 

 

Victoria Roberts Keller Williams

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