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- Alaska Statutes.
- Title 8. Business and Professions
- Chapter 88. Real Estate Brokers and Other Licensees
- Section 635. Acts Not Amounting to Adverse or Detrimental Acts or Conflicts of Interest.
previous:
Section 630. Duties Not Owed By Licensee.
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Section 640. Designated Licensee Relationship.
AS 08.88.635. Acts Not Amounting to Adverse or Detrimental Acts or Conflicts of Interest.
- (a) If a licensee shows real estate not owned or leased by the seller or lessor to prospective buyers or lessees or lists
competing properties for sale or lease, this activity does not by itself constitute action that is adverse or
detrimental to the seller or lessor or create a conflict of interest under AS 08.88.391
.
- (b) The representation of more than one seller or lessor by the same licensee or by different licensees working for the
same real estate broker in competing transactions involving the same buyer or lessee does not by itself constitute
action that is adverse or detrimental to the sellers or lessors or create a conflict of interest under AS 08.88.391.
- (c) If a licensee shows real estate in which the buyer or lessee is interested to other prospective buyers or lessees,
this activity does not by itself constitute action that is adverse or detrimental to the buyer or lessee or create a
conflict of interest under AS 08.88.391
.
- (d) The representation of more than one buyer or lessee by the same licensee or by different licensees working for the
same real estate broker in competing transactions involving the same seller or lessor does not by itself constitute
action that is adverse or detrimental to the sellers or lessors or create a conflict of interest under AS 08.88.391.
- (e) Acting as a neutral licensee in compliance with AS 08.88.600
- 08.88.695 does not by itself constitute action that
is adverse or detrimental to a seller, lessor, buyer, or lessee or create a conflict of interest under AS 08.88.391
.
- (f) A real estate licensee who discloses confidential information to the licensee's broker for the purpose of seeking
advice or assistance for the benefit of the person to whom the licensee is providing specific assistance does not
breach the licensee's duty of confidentiality to the person, but the licensee's broker has a duty to maintain the
confidentiality of the information.
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