Alaska § 08.88.401 - Prohibited conduct; penalties.
Full text of Alaska Alaska Statutes § 08.88.401 — Prohibited conduct; penalties., with citation guidance and answers to common questions.
§ 08.88.401. Prohibited conduct; penalties.
(a) A person licensed under this chapter may not falsely represent to (1) have been awarded a degree or other designation;
(2) be a member or an affiliate of a professional organization; or
(3) be a member of a franchise or other business association.
(b) A person (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;
(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.
(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.
(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 (1) a person who is not licensed under this chapter, except as provided in (e) of this section;
(2) another licensee, except through the licensee's responsible broker; or
(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.
(e) The prohibition of (d)(1) of this section does not prohibit (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;
(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
(3) contributions from a licensee to a charitable organization and advertisement of the licensee's intent to make the charitable donation.
(f) A person may not (1) use or attempt to use a license issued under this chapter that was issued to another person;
(2) give false or forged evidence to the commission or to a representative of the commission in an attempt to obtain a license;
(3) impersonate an applicant under this chapter;
(4) knowingly use or attempt to use an expired, suspended, revoked, or nonexistent license; or
(5) falsely claim to be licensed and authorized to practice under this chapter.
(g) A person who violates this section or AS 08.88.161 is guilty of a class A misdemeanor.
Frequently Asked Questions About Alaska § 08.88.401
What does Alaska Statutes § 08.88.401 cover?
Section 08.88.401 ("Prohibited conduct; penalties.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 08.88.401?
A common citation format is "Alaska Statutes § 08.88.401" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 08.88.401 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.