There are certain municipalities and cities that offer auction permits in Alaska. Each of them has specific requirements. Moreover, it is important to note that there is no jurisdiction over online trades.
Please keep reading to have general information about the requirements for the Alaska auction license.
Although the state does not require a license, you should meet these basic conditions to practice any activity in that area:
The areas of study may be the following:
If you wish to become a vehicle dealer, you must submit an application. The latter must include the following:
Please note that you might have to wait up to ten days for your submission to be processed. Also, keep in mind that an incomplete set of documents will not be considered. Hence, please double-check all the documents before submitting them to the board.
As you get the permit, you will have to renew it before January 1 every two years.
Whether you are applying for the first time or renewing it the fee is the same. You have to pay $50. You can make your payment via check, money order, or credit card.
In addition to the general requirements listed above, the state also requires that you have a business allowance. The letter will ensure that you legally operate as an auctioneer. Besides, you shall file a request and pay a fee to the Department of Commerce, Community, and Economic Development. So, an application for a permit has to include:
You can find out more about how to get a business permit in the state.
A qualified firm should make a $100,000 surety bond. Also, make sure that the surety has the certification to run a business in Alaska. Moreover, it has to cover any damage costs as well as other reasonable expenses incurred. At the same time, keep in mind that all the documents must be originals. They can also be certified copies. Lastly, please, make sure that the notary signs and seals the document.
You cannot transfer this permit. That means, that if you want to have the same permit in another state, you have to follow the procedures they offer.
AK Division of Motor
Vehicles ATTN: Vehicle Services
3901 Old Seward Hwy, Ste 101
Anchorage, AK 99503