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Title 12 . Professional and Vocational Regulations
Chapter 64 . Real Estate Commission
Section 77. Broker authorization of license applications

12 AAC 64.077. Broker authorization of license applications

(a) Except as provided in (c) of this section, only the registered broker of an office may employ or terminate a licensed associate broker or salesperson.

(b) An applicant applying to work in a branch office shall submit to the commission an application signed by the registered broker and the associate broker in charge of the branch office.

(c) When the registered broker of an office notifies the commission office in advance of an absence from the office, the broker or an associate broker designated by the registered broker to supervise transactions or licensees during the broker of record's absence may sign for the broker of record on a license application.

History: Eff. 7/16/94, Register 131; am 2/12/99, Register 149

Authority: AS 08.88.081

AS 08.88.171

AS 08.88.291

AS 08.88.311


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Last modified 7/05/2006