00 HOUSE BILL NO. 478
01 "An Act allowing licensed real estate brokers, associate real estate brokers, and
02 real estate salespersons to prepare certain documents; and providing for an
03 effective date."
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:
05 * Section 1. AS 08.88 is amended by adding a new section to read:
06 Sec. 08.88.405. PREPARATION OF DOCUMENTS. Notwithstanding
07 AS 08.08, a person licensed as a real estate broker, associate real estate broker, or real
08 estate salesperson under this chapter may prepare deeds of trust, mortgages, real
09 property contracts, earnest money agreements, leases, and other documents related to
10 real property if the documents are prepared by the person in the course of the person's
11 work as a licensed real estate broker, associate real estate broker, or real estate
12 salesperson under this chapter.
13 * Sec. 2. This Act takes effect immediately under AS 01.10.070(c).