Alaska · Real estate exam prep

Alaska Real Estate Practice Test

Practice Alaska real estate questions free below. RealReady has 1,010 questions in the bank covering both national real estate principles and Alaska state law. Pay $17.99 once and own it forever. No subscription like the other prep services.

The Alaska real estate salesperson exam is one of the toughest in the country. The Alaska Real Estate Commission, known as AREC, contracts with Pearson VUE to administer it as a 120-question test split into 80 general real estate items and 40 Alaska state-law items, with four hours to finish both portions. You must pass both portions to get licensed, and a candidate who passes only one has to retake the entire exam, so Alaska-specific prep is just as essential as national content.

State-specific prep matters more here than almost anywhere else. Alaska's state-law portion drills you on the powers of AREC and its disciplinary process under AS 08.88, the Real Estate Recovery Fund that compensates wronged consumers, the Common Interest Ownership Act and its resale-certificate rules, the Residential Real Property Transfer Disclosure, the Alaska Landlord Tenant Act, mandatory errors and omissions insurance, and the strict trust-account and advertising rules that govern broker-salesperson relationships in the state. None of that looks like the material a candidate in a neighboring state studies. A generic real estate practice test won't cut it. You need Alaska-specific practice questions.

Below are 20 free Alaska real estate test questions and answers from RealReady's full Alaska bank. Each tests a specific topic with the correct answer and a plain-English explanation under the card. Read each one, commit to an answer, then reveal. Treat it like a real AREC practice test, and the ones you miss show you what to focus on next.

Get the RealReady app on iPhone, iPad, or Android for the rest of the Alaska question bank. The full app includes short articles that walk you through the why behind each topic, detailed explanations on every question, a missed-question drill mode, and progress tracking that shows your per-category accuracy.

Practice

20 Alaska Real Estate Test Questions & Answers

Use this like a free Alaska real estate practice test: read the question, commit to an answer, then tap to reveal the correct answer and a plain-English explanation. The ones you miss tell you where to focus next.

Q1 of 20 Licensing & Regulation

How many members serve on the Alaska Real Estate Commission (AREC)?

  1. 5 members
  2. 9 members
  3. 7 members
  4. 11 members
Show answer & explanation

Correct: C 7 members

AREC consists of 7 members: 5 professional members (licensed brokers or associate brokers, one from each of 4 judicial districts plus 1 at-large) and 2 public members. All are governor-appointed and confirmed by the legislature.

Q2 of 20 Licensing & Regulation

A consumer who was defrauded by an Alaska licensee wants to file a claim with the Recovery Fund. What must the consumer obtain first?

  1. A police report documenting the fraud
  2. A letter of recommendation from another licensee
  3. A final judgment, arbitration award, or settlement
  4. A written complaint filed with AREC
Show answer & explanation

Correct: C A final judgment, arbitration award, or settlement

Before filing a Recovery Fund claim, the consumer must have obtained a final judgment, arbitration award, or settlement agreement against the licensee. A complaint to AREC alone is not sufficient — there must be a legal determination of liability.

Q3 of 20 Licensing & Regulation

An applicant passes the Alaska salesperson exam. How long is the exam score valid?

  1. 6 months from the exam date
  2. 12 months from the exam date
  3. 18 months from the exam date
  4. 3 months from the exam date
Show answer & explanation

Correct: A 6 months from the exam date

Alaska exam scores are valid for only 6 months from the date of the exam. The applicant must have a complete application filed with AREC before the exam score expires, or they will need to retake the exam.

Q4 of 20 Licensing & Regulation

What is the minimum E&O insurance coverage required for Alaska real estate licensees?

  1. $75,000 per wrongful act or per claim
  2. $50,000 per wrongful act or per claim
  3. $250,000 per wrongful act or per claim
  4. $100,000 per wrongful act or per claim
Show answer & explanation

Correct: D $100,000 per wrongful act or per claim

Alaska requires all licensees to carry E&O insurance with a minimum of $100,000 per wrongful act or per claim. This applies to brokers, associate brokers, and salespersons alike.

Q5 of 20 State Practice

How many types of licensee relationships does Alaska recognize?

  1. Four types
  2. Two types
  3. Five types
  4. Three types
Show answer & explanation

Correct: D Three types

Alaska recognizes three licensee relationships under AS 08.88.600–08.88.695: Representation (representing one party only), Specific Assistance (helping a party without representing them), and Neutral Licensee (assisting both buyer and seller without representing either, with written consent on a separate Waiver of Right to Be Represented form). A designated licensee is not a separate relationship type — it is the mechanism that lets different licensees in the same brokerage represent opposing parties without creating dual agency. Traditional dual agency was abolished effective January 1, 2005.

Q6 of 20 State Practice

Under Alaska law, are real estate commission rates set by law or by the Commission?

  1. Yes, state law caps commissions at 7%
  2. No, commission rates are fully negotiable
  3. No, but the local MLS sets minimum rates
  4. Yes, AREC sets a standard rate of 6%
Show answer & explanation

Correct: B No, commission rates are fully negotiable

Commission rates in Alaska are fully negotiable between the parties. Neither AREC nor state law sets or caps commission rates. Any suggestion of a 'standard' rate could violate antitrust laws.

Q7 of 20 State Practice

Under AS 34.70, when must a seller deliver the Residential Real Property Transfer Disclosure Statement to the buyer?

  1. Within 5 days of listing the property
  2. Within 10 days of accepting the offer
  3. At the closing table before signing
  4. Before the buyer makes a written offer
Show answer & explanation

Correct: D Before the buyer makes a written offer

Alaska law requires the seller to deliver the transfer disclosure statement before the buyer makes a written offer. This ensures buyers have information about the property's condition before committing to a purchase.

Q8 of 20 State Practice

When a unit in an Alaska common interest community is being resold, what document must the seller provide to the buyer?

  1. A transfer disclosure statement only
  2. A resale certificate
  3. An association audit report
  4. A public offering statement
Show answer & explanation

Correct: B A resale certificate

Under Alaska's Common Interest Ownership Act (AS 34.08), resale of a unit requires the seller to provide a resale certificate to the buyer. The resale certificate contains financial and operational information about the association. A public offering statement is for new developments.

Q9 of 20 State Practice

What must every real estate advertisement in Alaska include?

  1. The salesperson's personal license number
  2. The brokerage name as registered with AREC
  3. The AREC logo and commission phone number
  4. The listing price and property address
Show answer & explanation

Correct: B The brokerage name as registered with AREC

All real estate advertising in Alaska must include the brokerage name as registered with the Commission. This applies to all advertising media — internet, social media, print, signs, business cards, and recruitment materials.

Q10 of 20 State Practice

In Alaska, who is ultimately responsible for the activities of all licensees operating under a brokerage?

  1. The associate broker in charge
  2. Each individual salesperson
  3. The employing broker
  4. The Alaska Real Estate Commission
Show answer & explanation

Correct: C The employing broker

The broker is responsible for the activities of all licensees under their supervision. This includes ensuring compliance with statutes and regulations. While individual licensees have personal obligations, the broker bears the supervisory responsibility.

Q11 of 20 State Practice

A licensee tells a buyer that a property has a new roof when the licensee knows the roof is 15 years old. What violation has occurred?

  1. Unauthorized practice of home inspection
  2. Misrepresentation of material facts
  3. Failure to disclose a latent defect
  4. Breach of the listing agreement
Show answer & explanation

Correct: B Misrepresentation of material facts

Knowingly making a false statement about a property's condition is misrepresentation, which is prohibited under AS 08.88. The licensee made an affirmative false statement — this goes beyond mere failure to disclose and constitutes active misrepresentation.

Q12 of 20 State Transactions

Under an exclusive right-to-sell listing in Alaska, when is the broker entitled to a commission?

  1. Regardless of who finds the buyer
  2. Only if the broker personally finds the buyer
  3. Only if the seller does not find the buyer themselves
  4. Only if another licensed agent finds the buyer
Show answer & explanation

Correct: A Regardless of who finds the buyer

An exclusive right-to-sell listing entitles the broker to a commission regardless of who procures the buyer — whether it's the listing broker, another agent, or even the seller themselves. This provides the broadest protection for the listing broker.

Q13 of 20 State Transactions

A buyer wants to engage an Alaska licensee to help find a home. What type of agreement should the licensee present?

  1. A neutral licensee consent form
  2. A property management agreement
  3. A buyer representation agreement
  4. A listing agreement
Show answer & explanation

Correct: C A buyer representation agreement

A buyer representation agreement establishes the terms of the relationship between the buyer and the licensee. It specifies compensation, scope of services, duration, and includes the required licensee relationship disclosure.

Q14 of 20 State Transactions

In Alaska, is a real estate license required to manage property for others for compensation?

  1. No, property management is unregulated
  2. Only if managing more than 10 units
  3. Yes, a real estate license is required
  4. Only a property management certification is needed
Show answer & explanation

Correct: C Yes, a real estate license is required

Alaska requires a real estate license for managing property for others for compensation. Property management activities — including marketing, tenant screening, rent collection, and maintenance oversight — require licensure under a supervising broker.

Q15 of 20 Licensing & Regulation

Within which state department does the Alaska Real Estate Commission operate?

  1. Administration and General Services
  2. Commerce, Community, and Economic Development
  3. Education and Early Development
  4. Labor and Workforce Development
Show answer & explanation

Correct: B Commerce, Community, and Economic Development

AREC operates within the Division of Corporations, Business and Professional Licensing (DCBPL), which is part of the Department of Commerce, Community, and Economic Development (DCCED).

Q16 of 20 Licensing & Regulation

A consumer obtains a court judgment against a licensee for fraud. How long does the consumer have to file a Recovery Fund claim?

  1. 6 months from obtaining the judgment
  2. 2 years from obtaining the judgment
  3. 1 year from obtaining the judgment
  4. 3 years from the date of the fraud
Show answer & explanation

Correct: B 2 years from obtaining the judgment

Under AS 08.88.460(a)(3), the claim form must be filed within two years after the date the judgment, arbitration award, or settlement agreement that is the basis for the award is no longer subject to appeal. The clock starts when the legal determination becomes final, not when the underlying fraud occurred. For most cases with no appeal, the judgment is no longer subject to appeal about 30 days after entry.

Q17 of 20 Licensing & Regulation

A newly licensed salesperson in Alaska must work under which type of licensee?

  1. Another experienced salesperson
  2. Any associate broker
  3. Any licensed real estate professional
  4. A licensed broker
Show answer & explanation

Correct: D A licensed broker

Alaska salespersons must work under the supervision of a licensed broker. Associate brokers work under brokers as well — only a broker can directly supervise salespersons and operate a brokerage.

Q18 of 20 Licensing & Regulation

Which Alaska licensees are required to carry errors and omissions insurance?

  1. Only brokers and their associate brokers
  2. All licensees including brokers and salespersons
  3. Only licensees without a brokerage group policy
  4. Only brokers who supervise other licensees
Show answer & explanation

Correct: B All licensees including brokers and salespersons

Alaska requires ALL licensees to carry E&O insurance as a condition of licensing. This includes brokers, associate brokers, and salespersons. They may obtain coverage through the Commission-arranged master policy or independently.

Q19 of 20 State Practice

A buyer wants their agent to also help the seller in the same transaction. How should this be handled under Alaska law?

  1. Withdraw from representing either party entirely
  2. Act as a dual agent with verbal consent from both
  3. Serve as a neutral licensee with written consent
  4. Refuse because dual agency is mandatory in Alaska
Show answer & explanation

Correct: C Serve as a neutral licensee with written consent

Alaska abolished traditional dual agency in 2005. Instead, a licensee may serve as a neutral licensee — facilitating the transaction for both parties with written consent. The neutral licensee does not represent either party.

Q20 of 20 State Practice

A buyer offers to pay a salesperson directly for helping find a home, bypassing the broker. May the salesperson accept?

  1. Yes, as long as the amount is disclosed to all parties
  2. No, compensation must come through the employing broker
  3. Yes, if the buyer provides written authorization
  4. No, only if the amount exceeds $1,000
Show answer & explanation

Correct: B No, compensation must come through the employing broker

In Alaska, a salesperson may only receive compensation from their employing broker. Direct payment from a client to a salesperson is prohibited unless specifically authorized. All compensation flows through the broker.

Want the rest of Alaska's 1,010-question bank?

The RealReady app has all 1,010 questions covering both national real estate principles and Alaska-specific law. The full app also includes:

  • Short articles that walk you through the why behind each topic
  • A missed-question drill mode
  • Detailed explanations on every question
  • Progress tracking with per-category accuracy

Unlike other real estate prep apps, we don't cut off access or charge a monthly subscription fee. Once you buy, it's yours forever.

FAQ

Alaska real estate exam — questions answered

How many questions are on the Alaska real estate exam?

The Alaska real estate salesperson exam has 120 scored multiple-choice questions, split into 80 on the national/general portion and 40 on the Alaska state-law portion. Pearson VUE administers it for AREC, and both portions are taken in a single sitting. You have four hours total to finish them.

What's the passing score for the Alaska real estate exam?

Alaska uses a scaled scoring system from 0 to 100, with 75 set as the passing score by AREC in conjunction with Pearson VUE. You must pass both the national portion and the state-law portion separately. If you pass only one, you have to retake the entire exam, not just the failed portion, so a strong national score won't carry a weak state-law score.

How much does the Alaska real estate exam cost?

The salesperson examination fee is $100 per attempt, paid to Pearson VUE at the time you reserve. If you need to test at a special-request location outside the regular sites in Anchorage, Fairbanks, and Juneau, AREC adds a $50 surcharge. Once you pass, you submit your license application with separate fees to AREC within six months.

How long is the Alaska real estate exam?

You get four hours, or 240 minutes, to finish both the 80-question national portion and the 40-question Alaska state-law portion. The exam clock starts when you begin the first question and keeps running through any breaks you take. Pearson VUE administers it at testing centers in Anchorage, Fairbanks, Juneau, and several other Alaska cities including Homer, Kodiak, Palmer, Ketchikan, and Sitka.

Is the Alaska real estate exam hard?

The state-law portion is what trips most candidates up. Alaska's licensing law (AS 08.88), the Common Interest Ownership Act, the Residential Real Property Transfer Disclosure, and the Alaska Landlord Tenant Act all show up in concentrated form, and the bar to pass both portions independently means you can't lean on a strong national score to carry a weak state score. Honest practice on Alaska-specific questions is the difference between passing on the first try and burning another $100 on a retake.

What's on the Alaska real estate exam?

The 80-question national portion covers real property characteristics and land use (about 14% of questions), forms of ownership and transfer of title (about 11%), property value and appraisal (about 14%), real estate contracts and agency (about 20%), real estate practice (about 13%), property and environmental disclosures (about 11%), financing and settlement (about 9%), and real estate math (about 9%). The 40-question Alaska state-law portion covers the powers of AREC, licensing rules, licensee duties and disclosures to the public, requirements governing licensee activities like advertising and handling of money, personal services agreements, and property management including the Alaska Landlord Tenant Act.

What's the best way to prepare for the Alaska real estate exam?

After finishing your 40-hour Alaska pre-license course, the highest-leverage thing you can do is grind through Alaska-specific practice questions with honest feedback on every miss. Generic real estate practice tests will help with national principles but won't catch you on Alaska's unique rules around AREC, the Real Estate Recovery Fund, the Common Interest Ownership Act, or the Landlord Tenant Act. The RealReady app gives you the full bank of Alaska questions, plus progress tracking and a missed-question mode so you can drill what you're weak on. Most users study 30 to 60 minutes a day for 2 to 4 weeks before sitting the exam.