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(a) A license which has lapsed, been suspended, been surrendered by a licensee for disciplinary reasons, or a license which has been limited in any way for disciplinary reasons is not considered valid and active for purposes of licensure by endorsement.
(b) A licensee who requests licensure by endorsement must have a certification of license status sent directly to the commission from the other licensing authority.
(c) For purposes of licensure by endorsement, a valid and active license is a real estate license which is issued by another state and is equivalent to a license issued by Alaska. Active means that the applicant for an Alaska license must have met standards of activity and license status in the other state that are equivalent to the Alaska standards for active licensure as provided in 12 AAC 64.080, 12 AAC 64.110, and AS 08.88.171 . In addition, the applicant must have worked as a real estate licensee as a principal occupation and, within the six months preceding the Alaska application
(1) an applicant applying for a broker license or associate broker license must provide an affidavit that states that the applicant has, within those six months
(A) owned a real estate business;
(B) been employed as a broker by a corporation or partnership; or
(C) been an actively licensed broker or associate broker under another broker; and
(2) if the applicant is applying for a salesperson license, the applicant must have within those six months, been employed by or affiliated with a broker as a salesperson.
History: Eff. 12/6/81, Register 80; am 9/29/83, Register 88; 7/16/94, Register 131; am 2/12/99, Register 149
Authority: AS 08.88.071
Note to HTML Version:
The Alaska Administrative Code was automatically converted to HTML from a plain text format. Every effort has been made to ensure its accuracy, but neither Touch N' Go Systems nor the Law Offices of James B. Gottstein can be held responsible for any possible errors. This version of the Alaska Administrative Code is current through June, 2006.
If it is critical that the precise terms of the Alaska Administrative Code be known, it is recommended that more formal sources be consulted. Recent editions of the Alaska Administrative Journal may be obtained from the Alaska Lieutenant Governor's Office on the world wide web. If any errors are found, please e-mail Touch N' Go systems at E-mail. We hope you find this information useful. Copyright 2006. Touch N' Go Systems, Inc. All Rights Reserved.
Last modified 7/05/2006