Property Management
PROPERTY MANAGEMENT (4ECE) CORRESPONDENCE
Property management in Alaska encompasses a variety of responsibilities tailored to the unique challenges and opportunities presented by the region's vast landscapes and variable climate. As property managers, individuals or companies are tasked with overseeing residential, commercial, or land properties, ensuring that they are well-maintained, efficiently operated, and financially viable. This includes handling tenant relations, rent collection, property maintenance, and sometimes marketing and financial management. The diverse nature of Alaska's properties—from bustling city apartments in Anchorage to remote lodges accessible only by plane—requires managers to be exceptionally adaptable and well-versed in managing properties under different conditions.
The role of a property manager in Alaska also involves a deep understanding of local markets and environmental conditions. For instance, managing a property in areas prone to harsh winters requires knowledge of proper building maintenance to withstand extreme weather, including specialized heating systems and insulation techniques. Additionally, property managers must be adept at navigating logistical challenges that come with remote locations, such as arranging for transportation of materials and coordinating with local services. This level of expertise ensures that both the property and its occupants remain safe and comfortable, regardless of external conditions.
Here's some of what you get:
- Property Management Master Slides
- Videos Part 1 and Part 2
- Property Management Best Practices Video
- Trust Account Procesures for Property Managers Video
- More than 35 Forms, Checklists, and Handouts including:
- Landlord Tenant Act
- Alaska Residential Lease Agreement
- Alaska Commercial Lease Agreement
- Rental Application
- Rental Property Inspection Checklist
- Office Space Leasing Information
- Association Management Agreement
- Top Ten Legal Mistakes That Can Sink Your Landlord Business
- Bonus materials include Service Animals and Asset Protection for Landlords
Licensed vs Unlicensed Activity
It is important for those involved in property management in Alaska to be aware of state-specific regulations that govern their activities. Alaska state law mandates that certain property management functions, such as leasing and rent collection, can only be performed by licensed individuals. These regulations are in place to protect property owners and tenants by ensuring that managers have the necessary qualifications and adhere to professional standards. Engaging in property management activities without the appropriate license is prohibited, highlighting the importance of compliance with state laws to avoid legal complications and ensure ethical management practices.
Article 02. LICENSING Sec. 08.88.161.
License Required. Unless licensed as a real estate broker, associate real estate broker, or real estate salesperson in this state, a person may not, except as otherwise provided in this chapter,
(1) sell, exchange, rent, lease, auction, or purchase real estate; (to receive commission or sell condos)
(2) list real estate for sale, exchange, rent, lease, auction, or purchase;
(3) collect rent for the use of real estate or collect fees for property management;
(4) practice, or negotiate for a contract to practice, property management;
(5) collect fees for community association management;
(6) practice, or negotiate for a contract to practice, community association management; (7) as a business, buy, sell, or deal in
(A) options in real estate; or
(B) options in improvements to real estate;
(8) assist in or direct the procuring of prospective buyers and sellers of real estate, communicate with prospective buyers and sellers of real estate, or assist in the negotiation of a transaction that results or is calculated to result in the sale, exchange, rent, lease, auction, or purchase of real estate;
(9) accept or pay a fee for the performance of any of the activities listed in this section except as otherwise specifically provided in this chapter;
(10) hold out to the public as being engaged in the business of doing the things listed in this section; or
(11) attempt or offer to do any of the things listed in this section. --
Statutes: Article 6. General Provisions
Sec. 08.88.900. Exceptions.
(a) Except as provided in (b) of this section, this chapter does not apply to
(14) an employee of a real estate firm or of a property owner delivering or accepting a real estate contract or application, or a related amendment, to or from another person;
(15) an individual assisting in the performance of real estate activities only by carrying out administrative, clerical, or maintenance tasks;
These are related regulations:
12 AAC 64.095. Real Estate Activities of Unlicensed Persons.
(a) A real estate licensee may not employ an unlicensed person to perform activities for which a real estate License is required under AS 08.88 and this chapter. A real estate licensee may not employ an unlicensed person to perform any of the activities in AS 08.88.161, including one or more of the following:
(1) hosting an open house, kiosk, or home show booth;
(2) showing a property;
(3) explaining or interpreting a
(A) contract of purchase and sale; or
(B) listing contract or property management contract, or any other form of service agreement.
(b) A real estate licensee may employ an unlicensed person to perform administrative, bookkeeping, clerical, and maintenance tasks related to real estate for which a real estate license is not required under AS 08.88 and this chapter, including
(1) to answer the phone, take messages, and forward calls to the licensee;
(2) to schedule appointments for the licensee; activities allowed under this paragraph do not include telephonic solicitation, or soliciting business on behalf of the licensee;
(3) to obtain public information from a courthouse, municipality, or other source of public information;
(4) to place or remove signs on property;
(5) to input data for listings and changes to a multiple listing service as approved by the licensee;
(6) to have keys made for property listed by the licensee;
(7) to unlock a property so that it may be viewed or shown by a licensee, remain during the viewing or showing, and relock the property;
(8) to draft advertising copy, promotional materials, and correspondence for approval by the licensee;
(9) to place advertising;
(10) to act as a courier;
(11) to fill in contract forms with business and factual information as directed by the licensee;
Royse and Associates is highly acclaimed as the top-rated training program in Alaska, distinguished by its role as the premier provider of real estate education in the state. As the leading training school, Royse and Associates boasts an unsurpassed curriculum. Students of Royse and Associates benefit from engaging with dynamic, on-demand classes led by an expert instructor who is committed to delivering a fun and enriching learning experience. By choosing Royse and Associates, you are not just enrolling in a course; you are gaining a significant advantage that will empower your career in real estate.
Alaska Court System Eviction Diversion Program
On March 6th, 2023 without any notice to the Alaska attorneys, the Eviction Diversion Program was put into place. The courts are placing a large burden on landlords and giving tenants lots of ways to delay evictions.
It allows tenants to opt into mediation prior to a landlord filing for an eviction or after, which will delay eviction proceedings. The program is free to those who mediate, but the tenant will end up being in the property longer.
You can find the court's Provisional Rules for the Eviction Diversion Program and the new forms by clicking on the titles of the forms.
Provisional Rules for the Eviction Diversion Program
Pre-Filing Information Sheet (Form 600)
Post-Filing Information Sheet (Form 601)
https://courts.alaska.gov/shc/housing/edp.htm#info
https://www.alaskahousingrelief.org/landlords
https://www.alaskahousingrelief.org/resources
https://www.alsc-law.org/landlord_tenant_helpline/
We are an outstanding school offering the best Property Management services to our students.
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GET ADDED BENEFITS
The Royse and Associates Property Management class meets the Alaska Real Estate Commission requirements for receiving 4 elective hours towards your Continuing Education.
Property Management provides you with additional real estate training for those licensees and landlords who are involved in Property Management or Association Management. Our real estate school gives you not only the required training but Royse and Associates provides material to help you in your practice unlike many real estate schools.
Our course is provided via our online, on-demand correspondence program.
Choose Royse and Associates today to give you more quality education at an exceptional value.
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