Disclosure and transparency are critical components of a real estate transaction, and licensees must ensure that they make all required disclosures when working with consumers. In Alaska, specific categories of service and representation are defined by law along with licensees' duties when providing professional assistance during a transaction. Licensees must also ensure that they avoid certain conduct such as false advertising and misrepresentation and that they fulfill all disclosure obligations regarding conflicts of interest and commissions.

• list the different types of licensee relationships, including representation, neutral licensee, designated licensee, and special assistance
• describe the timely presentation of the Alaska Real Estate Consumer Disclosure
• recognize the duration of licensee relationships and any continuing obligations
• explain Alaska's rules on the payment and acceptance of commissions
  
• identify licensees' disclosure obligations regarding conflicts of interest