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(a) In remote areas of the state as determined by the commission where there are fewer than two real estate brokers registered who will employ licensees, a broker from another area of the state may request approval from the commission to employ a salesperson to work in that remote area.
(b) The broker shall provide a written statement to accompany the salesperson's application that states the arrangements the broker has made for
(1) maintaining regular supervisory contact each week with the salesperson;
(2) reviewing contracts before their execution;
(3) handling trust money; and
(4) the use of the company name in advertising in the remote area.
(c) The salesperson shall work out of the broker's principal office or branch office, and the broker shall supervise the salesperson in accordance with 12 AAC 64.125.
History: Eff. 7/16/94, Register 131
Authority: AS 08.88.071
AS 08.88.171 (c)
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Last modified 7/05/2006