Mark Required Fields In Legal Alaska Deed Forms For Free

The transferring of Title to property from one ownership to another requires recording a Deed. A Warranty Deed may be done when an owner guarantees, through a title report, that he or she holds clear title to a property.

When property is co-owned with a right of survivorship, a deceased owner's interest automatically vests with the surviving owner upon the deceased owner's death. As noted, the Alaska legislature abolished joint tenancy except for co-ownership of personal property or co-ownerhsip of real estate by a married couple.

Alaska Transfer-on-Death Deed At your death, the real estate goes automatically to the person you named to inherit it, without the need for probate court proceedings. (Alaska Statutes sections 13.48. 010 to 13.48. 195.)

An Alaska deed of trust is a document that transfers a real estate title from a grantor (?trustor? or ?borrower?) to a third party (?trustee?) to retain as collateral for a loan issued by a lender (?beneficiary?).

The Alaska DNR has established 34 Recording Districts throughout the state, and deeds are recorded with the public offices assigned to the Recording Districts. An Alaska deed that transfers or otherwise relates to real estate must be recorded with the Recording District in which the property is located.

A warranty deed ensures a buyer that the property is owned by the seller and is able to be sold without any encumbrances. A deed of trust is used in certain states, and represents a buyer's guarantee with their lender to repay the property loan as scheduled.