(a) A person licensed as a real estate broker shall, by registering with the commission, inform the commission of the person's principal office and of any branch offices of the person's real estate business and include in the information the names of the real estate licensees who are employed at each office. A real estate licensee may do real estate business only through a principal office or from a branch office registered by the broker by whom the licensee is employed. Failure of a real estate broker to maintain a place of business in the state or to inform the commission of its location and the names and addresses of all real estate licensees employed at each location by the broker is grounds for the suspension or revocation of the broker's license.
(b) Each licensee under this chapter is responsible for ensuring that the commission has current contact information for the licensee for two years after the lapse, expiration, surrender, suspension, or revocation of the license.
(c) In addition to the information provided under (a) of this section, a licensee shall provide the commission with a current mailing address and, if active, the address of the broker employing the licensee.
(d) The commission shall mail all notices pertaining to a license or recovery fund action taken under this chapter or a regulation adopted under this chapter to the current address or addresses of a licensee obtained under this section. Proof of notice provided under this subsection satisfies due process notice requirements.
Structure Alaska Statutes
Title 8. Business and Professions
Chapter 88. Real Estate Brokers and Other Licensees
Article 3. Miscellaneous Provisions.
Sec. 08.88.263. License by endorsement.
Sec. 08.88.281. Real estate recovery fund.
Sec. 08.88.291. Location; contact information.
Sec. 08.88.301. Change of location.
Sec. 08.88.305. Multiple business operations.
Sec. 08.88.311. Branch offices.
Sec. 08.88.321. Possession and display of license certificates.
Sec. 08.88.331. Making of transactions.
Sec. 08.88.341. Listings or management contracts.
Sec. 08.88.351. Accounts; records of transactions.
Sec. 08.88.361. When commission is earned.
Sec. 08.88.391. Conflict of interest.
Sec. 08.88.396. Licensee relationships, disclosures, and activity before January 1, 2005.
Sec. 08.88.398. Licensed assistants.
Sec. 08.88.401. Prohibited conduct; penalties.