Alaska Statutes (Last Updated: January 11, 2017) |
Title 08. BUSINESS AND PROFESSIONS. |
Chapter 08.88. REAL ESTATE BROKERS AND OTHER LICENSEES. |
Article 08.88.05. LICENSE RELATIONSHIPS AND DUTIES. |
Section 08.88.630. Duties not owed by licensee.
Latest version.
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Unless agreed otherwise, a real estate licensee does not owe a duty to a person with whom the licensee has established a licensee relationship to
(1) conduct an independent inspection of the real estate that is the subject of the licensee relationship;
(2) conduct an independent investigation of a person's financial condition; or
(3) independently verify the accuracy or completeness of a statement made by a party to a real estate transaction or by a person reasonably believed by the licensee to be reliable.
Notes
History
(Sec. 6 ch 105 SLA 2004)