Endorsment - How I get a license in AK when I have a current license in another state, Protect the public - Main purpose of the Real Estate Commission, After a hearing - Commission can suspend or revoke a license, Department of Law - Commission prosecutes under them, An attorney - Does not need a license, An Attorney-in-fact - Cannot do more than 2 transactions per year, Purpose of the test - To disqualify those who those a severe financial risk to the public, 40-hours - Pre-licensing education, 30-hours - Post-licensing education, upgrade education, 20-hours - Continuing education, 5-day - The time the broker has to deposit earnest money, When recieved - When the licensee must turn over earnest money to their broker, Break in service - Suspension or revocation means, Civil penalty - Up to $5,000,
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