A broker shall adopt a written policy manual that addresses guidelines and procedures

1. (1) to determine the designated licensee;
2. (2) that establish a policy for when the broker becomes a designated licensee;
3. (3) for neutral licensees;
4. (4) for a single real estate licensee representing one party in a transaction while providing specific assistance to an unrepresented party in the same transaction;
5. (5) for maintaining confidentiality within the office for all transactions; and

6. (6) for the supervision of teams, if applicable, to include a policy covering

   1. (A) the usage of the consumer disclosure required under 12 AAC 64.118; and
   2. (B) how consumers are represented within a team.

(Eff. 1/1/2005, Register 172; am 2/21/2019, Register 229)

Authority: AS 08.88.071, AS 08.88.171, AS 08.88.685, AS 08.88.081, AS 08.88.600