Section 08.88.398. Licensed assistants.

A licensed real estate salesperson or licensed associate real estate broker may act as a licensed assistant to another licensed salesperson or associate real estate broker only if
        (1) the licensed assistant and the salesperson or associate broker are both employed by the same broker;
        (2) the licensed assistant is not employed to perform activities requiring licensure under this chapter for more than one licensed real estate broker;
        (3) the employment arrangement between the licensed assistant and the salesperson or associate real estate broker is in writing and conforms to the applicable state and federal regulations regarding employment;
        (4) the employment of the licensed assistant is approved in writing by the broker who employs both the salesperson or associate real estate broker and the licensed assistant;
        (5) the salesperson or associate real estate broker who employs the licensed assistant agrees to be responsible for paying the licensed assistant's wages and appropriate taxes and completing the appropriate state and federal tax forms; and
        (6) the broker of the salesperson or associate real estate broker who employs the licensed assistant agrees to be liable for the actions of the licensed assistant.

Authorities

8.88.401

Notes

References

AS 8.88.401 .401">Sec. 08.88.401. Prohibited conduct; penalties.

History

(Sec. 32 ch 45 SLA 1998; am Sec. 2 ch 37 SLA 2012)