reglab/housing_qa huggingface dataset:
AK Stat § 08.87.300 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 87. Real Estate Appraisers|Article 5. General Provisions.|Sec. 08.87.300. Retention of records.

(a) A certified real estate appraiser shall retain copies of all written contracts engaging the appraiser's services for real property appraisal work, and all reports and supporting data assembled and formulated by the appraiser in preparing the reports, for at least five years after the date of the contract engaging the appraiser's services, five years after the date of the submittal of the appraisal reports to the client, or at least two years after the final disposition of litigation in which the appraiser provided testimony related to the engagement, whichever is longer. (b) [Repealed, § 9 ch 42 SLA 2014.]  (c) All records that a certified appraiser must maintain under (a) of this section shall be made available to the board or department for inspection and copying upon reasonable notice to the appraiser.
AK Stat § 08.87.310 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 87. Real Estate Appraisers|Article 5. General Provisions.|Sec. 08.87.310. Trainee appraiser; supervisory appraiser.

The board may establish requirements for trainee appraisers and supervisory appraisers. The board shall ensure that the requirements conform with 12 U.S.C. 3345.
AK Stat § 08.87.320 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 87. Real Estate Appraisers|Article 5. General Provisions.|Sec. 08.87.320. Actions by uncertified real estate appraisers prohibited.

A person may not bring an action in a court of this state for compensation for an act done or service rendered as a certified real estate appraiser if the person did not hold a certificate under this chapter at the time that the person performed the act or service or offered to perform the act or service.
AK Stat § 08.87.330 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 87. Real Estate Appraisers|Article 5. General Provisions.|Sec. 08.87.330. Exemptions.

This chapter does not apply to a person who appraises real estate as part of the tax assessment process of a municipality.
AK Stat § 08.87.340 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 87. Real Estate Appraisers|Article 5. General Provisions.|Sec. 08.87.340. Appraisals by uncertified appraisers permitted.

Nothing in this chapter precludes a person who is not certified as a real estate appraiser from appraising real estate for compensation if the person does not hold out to be a certified appraiser and if appraisal by a certified appraiser is not required by federal law.
AK Stat § 08.88.011 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.011. Creation and membership of commission.

There is created a Real Estate Commission. It consists of seven members.
AK Stat § 08.88.031 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.031. Executive secretary of commission.

The department shall, after consultation with the commission, employ a person, who is not a member of the commission, to serve as executive secretary for the commission. The executive secretary shall perform duties as assigned by the commission and may use the title “executive administrator” when performing the duties.
AK Stat § 08.88.037 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.037. Investigation and injunction.

(a) The commission may request the department to conduct investigations to determine whether a person has violated a provision of this chapter or a regulation adopted under it, or to secure information useful in the administration of this chapter. (b) If it appears to the department that a person has engaged in or is about to engage in an act or practice in violation of a provision of this chapter or a regulation adopted under it and that action is warranted in the public interest, the department shall notify all commission members by telephone or facsimile of a proposed order or action, and, if a majority of the members of the commission approve, the department may (1) after reasonable notice of and an opportunity for a hearing is given to the person, issue an order directing the person to stop the act or practice; the department may issue a temporary order before a hearing is held; a temporary order remains in effect until a final order affirming, modifying, or reversing the temporary order is issued or until 15 days have elapsed after the person receives the notice and has not requested a hearing; a temporary order becomes final if the person to whom the notice is addressed does not request a hearing within 15 days after receiving the notice; if a hearing is requested, a hearing shall be conducted by a hearing officer within 30 days; the commission shall issue a final order within 10 days after the hearing; (2) bring an action in superior court to enjoin the act or practice and to enforce compliance with this chapter, a regulation adopted under it, or an order issued under it; (3) examine or have examined the books and records of a person whose business activities require licensure under this chapter and the department may require the person to pay the reasonable costs of the examination; and (4) issue subpoenas for the attendance of witnesses, and the production of books, records, and other documents.
AK Stat § 08.88.041 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.041. Qualifications of commission members.

(a) Five members of the commission must be real estate brokers or associate brokers who have been licensed real estate brokers or licensed associate brokers in the state for at least three years before appointment. Two members of the commission must be public members in accordance with AS 08.01.025. (b) Of the five members of the commission who must be real estate brokers or associate brokers, one member shall be from the First Judicial District, one shall be from the Second Judicial District, one shall be from the Third Judicial District, one shall be from the Fourth Judicial District and one shall be from the state at large. However, if no licensed real estate broker or licensed associate broker is eligible or available for appointment from the Second Judicial District, then two licensed real estate brokers or licensed associate brokers shall be appointed from the state at large.
AK Stat § 08.88.051 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.051. Commission meetings and officers.

(a) The commission shall hold a regular annual meeting. It may hold a special meeting at the call of the chairman or at the request of three commission members. (b) At least two judicial districts shall be represented and at least a majority of the commission members shall be present in order to conduct business. (c) The commission shall elect its officers at the first meeting of each fiscal year.
AK Stat § 08.88.061 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.061. Assistants.

Notwithstanding contrary provisions of AS 08.01.050, the commission may assign or designate assistants to (1) issue licenses to applicants who meet the qualifications for licensure established under this chapter; (2) prepare questions on examinations; (3) administer and grade examinations; (4) certify courses required under this chapter; (5) approve instructors to teach courses required under this chapter; and (6) negotiate terms for payment of fines and other money due under this chapter.
AK Stat § 08.88.081 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.081. Commission regulations.

The commission shall adopt regulations necessary to carry out the purposes of this chapter.
AK Stat § 08.88.095 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.095. Educational requirements after initial license.

(a) In addition to the continuing educational requirements of AS 08.88.091(d), within one year after the date that the commission issues an initial license under this chapter, the licensee shall complete 30 hours of education approved by the commission under AS 08.88.091. (b) On the document representing an initial license, the commission shall include clear and prominent language stating that the license is subject to the licensee's completion of the educational requirements within one year after the date of the issuance of the license. (c) Within 30 days after the end of the one-year period, the licensee shall submit, on a form provided by the commission, a certification that the licensee has completed the educational requirements. (d) After a licensee submits the completed form under (c) of this section and pays the required fee, the commission shall issue a new license document to the licensee that does not contain the language required by (b) of this section. (e) If a licensee fails to complete the educational requirements within the one-year period or to provide the certification required by (c) of this section, the license automatically lapses 30 days after the end of the one-year period. However, the commission may reinstate the license under AS 08.88.241. (f) Notwithstanding the other provisions of this section, an individual who is issued an initial license as a real estate broker is not required to satisfy the educational requirements for that initial license if, immediately before the issuance, the individual is licensed as an associate real estate broker under this chapter. (g) In this section, “educational requirements” means the educational requirements of (a) of this section.
AK Stat § 08.88.098 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.098. Educational requirements after suspension.

(a) In addition to the continuing educational requirements of AS 08.88.091(d) and the educational requirements of AS 08.88.095(a), if the commission suspends a license under AS 08.01.075, the licensee shall complete the education required by the commission before the commission may reinstate the suspended license. (b) After completing the educational requirements of (a) of this section, the licensee shall submit, on a form provided by the commission, a certification that the licensee has completed the educational requirements. (c) The educational requirements of (a) of this section are in addition to any other conditions that the commission sets for reinstating a suspended license under this chapter.
AK Stat § 08.88.131 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.131. Applicability of the Administrative Procedure Act.

AS 44.62 (Administrative Procedure Act) applies to regulations and proceedings under this chapter.
AK Stat § 08.88.141 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 1. Real Estate Commission.|Sec. 08.88.141. Compensation.

A commission member is entitled to transportation expenses and per diem allowances specified in AS 39.20.180.
AK Stat § 08.88.161 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.161. License required.

Unless licensed as a real estate broker, associate real estate broker, or real estate salesperson in this state, a person may not, except as otherwise provided in this chapter, (1) sell, exchange, rent, lease, auction, or purchase real estate; (2) list real estate for sale, exchange, rent, lease, auction, or purchase; (3) collect rent for the use of real estate or collect fees for property management; (4) practice, or negotiate for a contract to practice, property management; (5) collect fees for community association management; (6) practice, or negotiate for a contract to practice, community association management; (7) as a business, buy, sell, or deal in (A) options in real estate; or (B) options in improvements to real estate; (8) assist in or direct the procuring of prospective buyers and sellers of real estate, communicate with prospective buyers and sellers of real estate, or assist in the negotiation of a transaction that results or is calculated to result in the sale, exchange, rent, lease, auction, or purchase of real estate; (9) accept or pay a fee for the performance of any of the activities listed in this section except as otherwise specifically provided in this chapter; (10) hold out to the public as being engaged in the business of doing any of the things listed in this section; or (11) attempt or offer to do any of the things listed in this section.
AK Stat § 08.88.165 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.165. Conduct of auctions.

Notwithstanding AS 08.88.161, a person who is not licensed under this chapter may conduct an auction of real estate if (1) the person has completed an auctioneering program at a school certified by an agency of this or another state, and the program included a course on real estate sales; and (2) a real estate broker licensed under this chapter or an associate real estate broker licensed under this chapter supervises and is present during the auction.
AK Stat § 08.88.167 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.167. Civil penalty for unlicensed or unauthorized practice.

(a) In addition to penalties prescribed by any other provision of law, if a person engages or offers to engage in an activity for which a license is required under AS 08.88.161 without being licensed or authorized to engage in the activity in accordance with the provisions of this chapter, the commission may enter an order levying a civil penalty. (b) A civil penalty levied under this section may not exceed $5,000, or the amount of gain realized plus $5,000, whichever is greater, for each offense. In levying a civil penalty, the commission shall set the amount of the penalty imposed under this section after taking into account the seriousness of the violation, the economic benefit resulting from the violation, the history of violations, and other facts the commission considers relevant. (c) Before entering an order under (a) of this section, the commission shall send the person written notice of the proposed order that grants the person a 30-day period during which the person may request a hearing on the record. (d) In connection with proceedings under (a) - (c) of this section, the commission may issue subpoenas to compel the attendance and testimony of witnesses and the disclosure of evidence and may request the department to bring an action to enforce a subpoena. (e) A person aggrieved by the levy of a civil penalty under this section may file an appeal with the superior court for judicial review of the penalty under AS 44.62.560. (f) If a person fails to pay a civil penalty within 30 days after entry of an order under (a) of this section, or within 10 days after the court enters a final judgment in favor of the commission of an order stayed pending an appeal under (e) of this section, the commission may initiate other action to recover the amount of the penalty. (g) An action to enforce an order under this section may be combined with an action for an injunction under AS 08.88.037.
AK Stat § 08.88.172 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.172. Errors and omissions insurance.

(a) A person licensed as a real estate broker, associate real estate broker, or real estate salesperson shall, as a condition of licensing, carry and maintain errors and omissions insurance to cover activities for which licensing is required under AS 08.88.161. (b) The department shall establish by regulation the terms and conditions of the errors and omissions insurance required by this section, including (1) coverage requirements; (2) limits of coverage; (3) the maximum amount of premium to be charged licensees under a master errors and omissions policy under (d) of this section; and (4) the method for adjusting these amounts based on the Consumer Price Index. (c) A licensee may obtain the errors and omissions insurance required by (a) of this section by (1) obtaining a master insurance policy that may be made available to licensees by the commission; or (2) independently obtaining errors and omissions insurance that complies with the requirements established under (b) of this section. (d) The commission may (1) solicit bids for a master errors and omissions insurance policy for licensees that meets the minimum terms and conditions established under (b) of this section using a competitive sealed bid process under AS 36.30 (State Procurement Code); and (2) charge a licensee a reasonable administration fee to recover costs incurred in connection with the solicitation made under (1) of this subsection. (e) [Repealed, § 4 ch 39 SLA 2016.] (f) A licensee seeking to obtain or renew a license shall certify to the commission that errors and omissions insurance has been obtained. A licensee who elects to independently obtain errors and omissions insurance shall provide a certificate of coverage with the application to obtain or renew a license.
AK Stat § 08.88.173 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.173. Fidelity bond for community association managers.

(a) If the board of directors of a community association allows a broker to exercise control over community association fees or other community association funds, the broker must provide evidence to the commission that the broker is covered by a blanket fidelity insurance bond. The bond may be in the name of the broker with the association as an additional insured or in the name of the association with the broker as an additional insured. The bond must cover the maximum funds that will be within the control of the community association manager at any time while the bond is in force. The commission may grant an exemption from the bonding requirement of this subsection if the commission determines that the community association manager has equivalent comparable coverage or that coverage is unavailable. The commission may adopt regulations to implement this subsection, including regulations concerning the minimum coverage and terms of coverage that are required and proof of bond and the granting of exemptions. (b) If a loss covered by the fidelity bond required under this section is also reimbursable from the real estate recovery fund, the owners' association that suffered the loss may not recover under the bond until the association has obtained a final judgment, final arbitration award, or settlement agreement and filed a claim for an award under AS 08.88.460.
AK Stat § 08.88.175 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.175. Limitations on community association managers.

A licensee may not, within the practice of community association management, exercise control over the (1) reserves or investment accounts of a community association; (2) operating account of a community association unless (A) allowed under a contract that has been approved by the association's board of directors; and (B) duplicate financial statements concerning the account are sent by the institution holding the account to the licensee and the association's board of directors at separate addresses.
AK Stat § 08.88.181 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.181. Content and purpose of examination.

(a) The real estate examinations may include questions on real estate business ethics and standards; arithmetic and accounting; elementary principles of land economics and appraisal; the general principles in state statutes relating to deeds, mortgages, real estate contracts, subdivisions, common interest communities, legal descriptions, building restrictions, real estate licensee relationships, agency law, brokerage, disclosure requirements, trust accounting requirements, and landlord and tenant law; property management ethics and standards; community association management operations, ethics, and standards; and the general provisions of this chapter and of the regulations of the commission. (b) The real estate salesperson examination covers the same subjects as the real estate broker examination, but is less difficult. (c) The only purpose of an examination under this chapter is to disqualify those whose lack of ability to participate in real estate transactions would create a serious risk of serious financial loss to members of the public.
AK Stat § 08.88.191 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.191. Administration of examination.

(a) The commission shall offer written examinations at periodic intervals but at least once a year. (b) If the commission authorizes the department to contract with a national testing service to prepare, administer, and grade examinations, (1) the commission or its designee shall review the examination and approve its contents; (2) application for an examination may be transmitted by the applicant directly to the national testing service; payment of an examination fee shall be made by the applicant directly to the national testing service's designated representative before the examination is taken by the applicant. (c) An applicant who fails the written examination may request that the examination be reevaluated. The commission shall provide by regulation for a system of reevaluating examinations on request of an applicant who fails the examination. The system provided by the commission may provide for reevaluation by the testing service or by any other person.
AK Stat § 08.88.201 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.201. Reexamination.

A person who fails an examination may apply for a subsequent examination, but shall pay the application fee with each application.
AK Stat § 08.88.221 (2021)
2021 Alaska Statutes|Title 8. Business and Professions|Chapter 88. Real Estate Brokers and Other Licensees|Article 2. Licensing.|Sec. 08.88.221. Fees.

The Department of Commerce, Community, and Economic Development shall set fees under AS 08.01.065 for a real estate broker, associate broker, or salesperson licensee or applicant for the following: (1) examination; (2) initial license; (3) renewal of an active license; (4) renewal of an inactive license; (5) amending or transferring a license; (6) publications offered by the commission; (7) seminars offered by the commission; (8) reinstatement of a lapsed license; (9) changes to registered office information; (10) course certification and recertification; (11) instructor approval and renewal of approval; and (12) issuance of a new license document under AS 08.88.095(d).