{"data":{"id":"us-ak/as-08.88.401","jurisdiction":"us-ak","citation":"AS 08.88.401","heading":"Prohibited conduct; penalties.","body":"(a) A person licensed under this chapter may not falsely represent to\n(1) have been awarded a degree or other designation;\n(2) be a member or an affiliate of a professional organization; or\n(3) be a member of a franchise or other business association.\n(b) A person\n(1) who is not a real estate broker licensed in this state may not accept a fee or a commission for performance of an act for which a license is required by this chapter except that a real estate broker validly licensed in another state may accept a fee or commission or a portion of a fee or commission for assisting a real estate broker licensed in this state in the performance of an act for which a license is required by this chapter;\n(2) who is an associate broker or a real estate salesperson licensed in this state may accept a fee or commission for performance of an act for which a license is required by this chapter only from the licensee's employing broker, except that the wages of a person who is engaged as a licensed assistant under AS 08.88.398 may be accepted by the person from the assistant's employer.\n(c) A person licensed under this chapter may not knowingly make, authorize, direct, or aid in the publication of a false statement or misrepresentation concerning land or a subdivision or other real estate offered for sale, lease, or rent or concerning an association being managed.\n(d) A person licensed under this chapter may not knowingly pay any part of a fee, commission, or other compensation received by the licensee in buying, selling, exchanging, leasing, auctioning, or renting real estate to\n(1) a person who is not licensed under this chapter, except as provided in (e) of this section;\n(2) another licensee, except through the licensee's responsible broker; or\n(3) another licensee knowing that the other licensee intends to pay all or a portion of that which is received to a person who is not licensed under this chapter.\n(e) The prohibition of (d)(1) of this section does not prohibit\n(1) payments by a licensee to a person licensed to perform real estate activities in another jurisdiction if the other person has assisted the licensee in the performance of an act for which a license is required by this chapter;\n(2) payments from a real estate licensee to a principal as part of the resolution of a dispute regarding the terms of a transaction or regarding the property transferred; or\n(3) contributions from a licensee to a charitable organization and advertisement of the licensee's intent to make the charitable donation.\n(f) A person may not\n(1) use or attempt to use a license issued under this chapter that was issued to another person;\n(2) give false or forged evidence to the commission or to a representative of the commission in an attempt to obtain a license;\n(3) impersonate an applicant under this chapter;\n(4) knowingly use or attempt to use an expired, suspended, revoked, or nonexistent license; or\n(5) falsely claim to be licensed and authorized to practice under this chapter.\n(g) A person who violates this section or AS 08.88.161 is guilty of a class A misdemeanor.","path":["Title 8. Business and Professions.","Chapter 88. Real Estate Brokers and Other Licensees.","Article 3. Miscellaneous Provisions."],"source_url":"https://www.akleg.gov/basis/statutes.asp#08.88.401","current_through":"Alaska Statutes 2025 (34th Legislature, 2025-2026)","vintage":"","retrieved_at":"2026-09-02T06:16:30Z","sha256":"ae780f00d8dc235e4bb515ca189fba542ee531c47e31f24b0b004df77b9fb309","source_id":"us-ak","stale":false,"prev":"us-ak/as-08.88.400","next":"us-ak/as-08.88.403"},"notice":"GroundRules: Original legal text. Not legal advice."}