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Alaska · Alaska StatutesAlaska real estate closing laws: a checklist for transaction coordinators

Alaska's rules for a home sale, in the order a transaction meets them: the seller delivers the Real Estate Commission's disclosure statement before the buyer makes a written offer, and a late statement lets the buyer terminate within 3 days of personal delivery or 6 days of mailing (AS 34.70.010, .020). For rentals, the owner when a tenancy ends is bound to refund the deposit within 14 or 30 days, so the buyer inherits the seller's deposits (AS 34.03.070). After a death, a transfer on death deed recorded before death passes the home to the surviving beneficiaries subject to liens and without warranty, and the owner remains free to sell during life (AS 13.48).

From offer to closing

  1. 1. Disclosure (AS 34.70.010)

    Before the written offer; 3 or 6 days if late.

  2. 2. Tenant deposits (AS 34.03.070)

    The owner at the end of a tenancy is bound.

  3. 3. Transfer on death deed (AS 13.48)

    Recorded before death; owner may sell.

Questions about Alaska closings

When is the Alaska seller disclosure due?

Before the buyer makes a written offer (AS 34.70.010).

Does the buyer of an Alaska rental owe the deposits?

The holder of the landlord's interest when a tenancy ends is bound by the deposit law (AS 34.03.070(f)).

Can a house with an Alaska transfer on death deed be sold?

Yes, by the owner during life (AS 13.48.080).

The Alaska guides

ClosingCode shows Alaska's rules under the seller's disclosure and the rent roll document on each Alaska deal.

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Sources: Alaska Statutes 13.48, 34.03.070 and 34.70 (akleg.gov, read for the linked guides).

General information, not legal advice. Each point links to the guide with the details. ClosingCode is software; it is not a law firm. This guide is not a substitute for the advice or services of an attorney.