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The AK-RES exam has 135 questions and runs 4 hours.
These 10 free AK-RES questions are organized by exam domain, so you can see how each part of the Alaska Real Estate Salesperson Exam blueprint is tested. Reveal the answer and explanation under each question.
Three siblings own a parcel as joint tenants. One sibling validly conveys her one-third interest to an investor without the others' consent. Immediately after the conveyance, how is title held?
Correct answer: D - The investor is a tenant in common; the siblings remain joint tenants with each other
An apartment building has annual potential gross income of $240,000, vacancy and collection loss of $12,000, parking and laundry income of $8,000, operating expenses of $86,000, and mortgage debt service of $30,000. Comparable investments support a 7.5% capitalization rate. Using direct capitalization, which indicated value and treatment of debt service are correct, rounded to the nearest dollar?
Correct answer: A - $2,000,000; exclude debt service from net operating income
A developer proposes a self-storage facility. The use is physically possible, financially feasible, and more productive than the site's other feasible uses. Current zoning prohibits self-storage, the available variance can change only dimensional requirements, and no rezoning, conditional-use approval, or other use authorization is available or reasonably probable. Under highest-and-best-use analysis, which conclusion follows?
Correct answer: C - The proposal fails the legally permissible test despite satisfying the other three criteria
During a listing appointment, a salesperson reads an engineer's report describing active foundation movement. The seller says, "Do not mention it; the house is being sold as is." In this jurisdiction, licensees must disclose known material physical defects. How should the salesperson proceed?
Correct answer: B - Refuse concealment and disclose the known foundation condition as required
An owner lives in one unit of a four-unit building and gives a licensee written instructions to advertise a vacancy as "quiet adults only - no children." The owner claims the federal owner-occupied small-building exemption permits the wording. Which statement correctly describes federal law?
Correct answer: D - The advertising ban still applies; the exemption does not permit a familial-status preference in an ad
A homeowner whose number is on the National Do Not Call Registry submits a comparative-market-analysis request through a brokerage's website. Two months later, an affiliated agent considers placing one manual call at 8:30 p.m. local time. The homeowner has made no company-specific do-not-call request, and no automated or prerecorded technology will be used. Under federal rules, may the agent call?
Correct answer: B - Yes; the call is within the three-month inquiry period and permitted calling hours
A long-term radon test reports an average concentration of 5.2 pCi/L in a home. Which advice most accurately reflects U.S. Environmental Protection Agency guidance?
Correct answer: B - Recommend mitigation because the result is at or above 4 pCi/L
A buyer obtains a final, nonappealable $22,000 judgment against an Alaska licensee for conversion of earnest money. After documented collection efforts, $4,000 has been recovered and $18,000 remains unpaid. The loss arose from one transaction, the claim is timely, and every other recovery-fund requirement is satisfied. No other recovery-fund claims have been made against the licensee. What is the maximum award?
Correct answer: A - $15,000; the per-transaction limit controls
An unrepresented buyer calls an Alaska listing licensee for the advertised price and schedules an initial tour. Before the tour occurs, the buyer asks the licensee to compare financing-contingency language and draft an offer around the buyer's priorities. No relationship documents have been completed. What must happen before the licensee provides that tailored help?
Correct answer: C - Provide the Commission consumer pamphlet and obtain the buyer's signed relationship disclosure
At month-end, an Alaska broker's adjusted trust-account bank balance and check register both show $74,200. The total of all independent transaction ledgers is $70,200, and there are no outstanding deposits or checks. What does this result require?
Correct answer: D - Trace the $4,000 discrepancy because the monthly three-way reconciliation is incomplete
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