A Contract for Deed is used as owner financing for the purchase of real property. The Seller retains title to the property until an agreed amount is paid. After the agreed amount is paid, the Seller conveys the property to Buyer.
A Contract for Deed is used as owner financing for the purchase of real property. The Seller retains title to the property until an agreed amount is paid. After the agreed amount is paid, the Seller conveys the property to Buyer.
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How to get professional legal forms compliant with your state regulations and prepare the Agreement Purchase Land With 401k without applying to a lawyer? A lot of services on the web provide templates to cover different legal situations and formalities. Nonetheless, it may take time to figure out which of the available samples fulfill both use case and juridical criteria for you. US Legal Forms is a trustworthy platform that helps you locate official paperwork composed according to the most recent state law updates and save money on juridical assistance.
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You can use 401(k) funds to buy a home, either by taking a loan from the account or by withdrawing money from the account. A 401(k) loan is limited in size and must be repaid (with interest), but it does not incur income taxes or tax penalties.
For investors who want real estate as an investment choice for their retirement savings, a self-directed 401(k) allows them to buy land, commercial property and residential property and have any income generated grow tax-free.
The rules for using a 401(k) loan to buy a house are as follows: Your employer must allow 401(k) loans as part of its retirement plan. The maximum loan amount is 50% of your 401(k)'s vested account balance or $50,000, whichever is less.
The primary benefit of buying investment property via a 401k is that you're able to do so by taking a loan that is both tax-free and penalty-free. There are other tax benefits worth consideration. For instance, when purchasing a property with a 401k, any income generated from that property will not be taxed.
While you can't invest in real estate directly through an employer-sponsored 401k, you can choose to roll a former employer's 401k account into an individual retirement account, or IRA. And while many IRA custodians don't offer the ability to buy real estate, some offer an account type known as a self-directed IRA.
Yes, it is possible to use your 401k funds to purchase land in Alaska.
An Agreement purchase land with 401k refers to a legally binding document that outlines the terms and conditions of using funds from your 401k account to buy land in Alaska.
Yes, there are certain requirements you must meet to qualify for an Agreement purchase land with 401k, such as being a participant in a 401k plan and having sufficient funds available for the purchase.
Using your 401k to purchase land in Alaska can be a good idea, especially if you believe the investment will provide you with long-term financial benefits. However, it's important to assess the potential risks and consult with a financial advisor.
Some advantages of using your 401k to purchase land in Alaska include potential tax benefits, the ability to diversify your investment portfolio, and the opportunity to utilize funds that may otherwise not be easily accessible.
While using your 401k to purchase land in Alaska can have benefits, there are also potential disadvantages to consider. These may include early withdrawal penalties, the possibility of losing retirement savings if the investment doesn't perform well, and limitations on accessing the funds until retirement.
Generally, land purchased with funds from your 401k is intended for investment purposes rather than personal use. However, it's advisable to review the specific terms of your Agreement purchase land with 401k to determine any limitations.
If your 401k does not have sufficient funds to cover the entire land purchase, you may need to explore alternative financing options or consider a partial purchase.
Using your 401k for land purchase can impact your retirement savings. It's important to evaluate the potential consequences, such as reduced retirement account balance or potential missed investment opportunities, and determine if the benefits outweigh the drawbacks.
Usually, there are restrictions on selling the land purchased with your 401k funds before retirement. The specific terms of your Agreement purchase land with 401k will outline any limitations or penalties involved.
Contract for Deed - General - Alaska
Alaska Statutes
TITLE 34. PROPERTY
CHAPTER 34.08. COMMON INTEREST OWNERSHIP
ARTICLE 04. PROTECTION OF PURCHASERS
34.08.620. Conversion property.
(a) A declarant of a common interest community containing conversion property, and any dealer who intends to offer units in a common interest community containing conversion units, shall give each residential tenant and each residential subtenant in possession of a portion of conversion property notice of the conversion and provide each person with the public offering statement no later than 180 days before the tenant and any subtenant in possession are required to vacate. If the conversion property consists of a mobile home park, notice of the conversion and delivery of a public offering statement shall be provided no later than one year before the tenant and any subtenant in possession are required to vacate. The notice must set out generally the rights of tenants and subtenants under this section and shall be hand delivered to the tenant or subtenant in possession or mailed by certified mail, return receipt requested, to the tenant and subtenant at the address of the unit or any other mailing address provided by a tenant. The failure to give notice as required by this section is a defense to an action for possession and the terms of the tenancy may not be altered during the notice period provided by this subsection. A tenant or subtenant may not be required to vacate upon less than 180 days' notice and a tenant and a subtenant in possession in a mobile home park may not be required to vacate upon less than one year's notice except for one of the following reasons:
(1) the tenant or subtenant has defaulted in the payment of rent owed;TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.010. Manner of executing conveyances.
(a) A conveyance of land, or of an estate or interest in land, may be made by deed, signed and sealed by the person from whom the estate or interest is intended to pass, who is of lawful age, or by the lawful agent or attorney of the person, and acknowledged or proved, and recorded as directed in this chapter, without any other act or ceremony whatever.TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.030. Form of warranty deed.
(a) A warranty deed for the conveyance of land may be substantially in the following form, without express covenants:TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.010. Manner of executing conveyances.
(a) A conveyance of land, or of an estate or interest in land, may be made by deed, signed and sealed by the person from whom the estate or interest is intended to pass, who is of lawful age, or by the lawful agent or attorney of the person, and acknowledged or proved, and recorded as directed in this chapter, without any other act or ceremony whatever.TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.030. Form of warranty deed.
(a) A warranty deed for the conveyance of land may be substantially in the following form, without express covenants:TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.040. Form of quitclaim deed.
(a) A quitclaim deed may be substantially in the following form:TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.050. Effect of quitclaim.
A deed of quitclaim and release for the form in common use is sufficient to pass all the real estate which the grantor can convey by a deed of bargain and sale
TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 02. ACKNOWLEDGMENT AND PROOF
34.15.240. Penalty for refusal to appear or testify.
A person served with a subpoena described in AS 34.15.230 who, without reasonable cause, refuses or neglects to appear, or upon appearing refuses to answer upon oath regarding the execution of a deed, shall forfeit to the injured party $100, and may also be committed to jail for a contempt by the officer who issues the subpoena, to remain in jail until the person submits to answer on oath as required.
TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.070. Sale by trustee.
(a) If a deed of trust is executed conveying real property located in the state to a trustee as security for the payment of an indebtedness and the deed provides that in case of default or noncompliance with the terms of the trust, the trustee may sell the property for condition broken, the trustee, in addition to the right of foreclosure and sale, may execute the trust by sale of the property, upon the conditions and in the manner set forth in the deed of trust, without first securing a decree of foreclosure and order of sale from the court, if the trustee has complied with the notice requirements of (b) of this section. If the deed of trust is foreclosed judicially or the note secured by the deed of trust is sued on and a judgment is obtained by the beneficiary, the beneficiary may not exercise the nonjudicial remedies described in this section.TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.080. Sale at public auction.
(a) The sale authorized in AS 34.20.070 shall be made under the terms and conditions and in the manner set out in the deed of trust. The proceeds from a sale shall be placed in a trust account until they are disbursed. However, the sale shall be madeTITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.090. Title, interest, possessory rights, and redemption.
(a) The sale and conveyance transfers all title and interest that the party executing the deed of trust had in the property sold at the time of its execution, together with all title and interest that party may have acquired before the sale, and the party executing the deed of trust or the heirs or assigns of that party have no right or privilege to redeem the property, unless the deed of trust so declares.TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.100. Deficiency judgment prohibited.
When a sale is made by a trustee under a deed of trust, as authorized by AS 34.20.070 – 34.20.130, no other or further action or proceeding may be taken nor judgment entered against the maker or the surety or guarantor of the maker, on the obligation secured by the deed of trust for a deficiency.
TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.110. Trust deeds recorded as mortgages.
For the purposes of record, a deed of trust, given to secure an indebtedness, shall be treated as a mortgage of real estate, and recorded in full in the book provided for mortgages of real property. The person who makes or executes the deed of trust shall be indexed as mortgagor, and the trustee and the beneficiary or cestui que trust, as the mortgagees.
TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.115. Procedure for reconveyance.
(a) Unless the beneficiary has requested that a title insurance company reconvey a trust deed before the title insurance company mails or delivers the notice under (b) of this section, a title insurance company shall comply with the requirements of this section before reconveying the trust deed.NOTICE OF INTENT TO RECONVEY
TO: (Beneficiary or servicer for beneficiary)TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.120. Substitution of trustee.
(a) The trustee under a trust deed upon real property given to secure an obligation to pay money and conferring no duties upon the trustee other than the duties that are incidental to the exercise of the power of sale conferred in the deed may be substituted by recording in the mortgage records of the recording district in which the property is located a substitution executed and acknowledged byTITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.130. Recording assignment, subordination, or waiver.
(a) The following instruments may be recorded:TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 03. MISCELLANEOUS PROVISIONS
34.20.160. Notice of other remedies.
(a) When a lender uses a note as evidence of an obligation secured by a mortgage or deed of trust, the note must affirmatively advise the mortgagor or trustor and any other party bound by the note if the mortgagee or beneficiary wants the option to bring suit directly on the note to collect an amount owing under the note without first foreclosing the mortgage or deed of trust. This option must be stated in writing within the note or as a separate document. If a note executed after May 24, 1988 fails to contain the notice specified in this section, the debt secured by the mortgage or deed of trust may be foreclosed under AS 09.45.170 – 09.45.220 or AS 34.20.070 – 34.20.135.TITLE 34. PROPERTY
CHAPTER 34.25. VALIDATION OF FORMAL DEFECTS
34.25.040. Deeds on judicial sales.
(a) A judicial sale of real property is valid and sufficient in law to sustain a deed based on the sale whenTITLE 34. PROPERTY
CHAPTER 34.25. VALIDATION OF FORMAL DEFECTS
34.25.060. Record of the deed as evidence.
When the deed is executed and recorded in the deed records in the proper recording district, the record, certified by the recorder, is evidence in all courts, and has the same effect as the original.
TITLE 34. PROPERTY
CHAPTER 34.25. VALIDATION OF FORMAL DEFECTS
34.25.070. Validation of sales and action to quiet title.
(a) A sale of real estate by an administrator or executor is confirmed and approved, notwithstanding irregularities or informalities in the proceedings before the sale, whenTITLE 38. PUBLIC LAND
CHAPTER 38.50. EXCHANGE OF STATE LAND
38.50.150. Execution of exchange.
If a deed, contract of exchange, or other instrument of conveyance which the director receives to effectuate an exchange is properly executed, acknowledged, and authorized by the appropriate party, the director shall accept conveyance of title to the land and other property which the state is to receive as consideration, and shall issue a patent, contract of exchange, or other instrument of conveyance to the appropriate party for the property which the director is then obligated to convey. Before acceptance by the director of a deed, contract of exchange, or other instrument, no action taken by the director or by any other state official creates a right against the state with respect to state land.
TITLE 34. PROPERTY
CHAPTER 34.70. DISCLOSURES IN RESIDENTIAL REAL PROPERTY TRANSFERS
34.70.010. Disclosures in residential real property transfers.
Before the transferee of an interest in residential real property makes a written offer, the transferor shall deliver by mail or in person a completed written disclosure statement in the form established under AS 34.70.050 . Delivery to the spouse of the transferee constitutes delivery to the transferee unless the transferor and the transferee agree otherwise before the delivery.
TITLE 34. PROPERTY
CHAPTER 34.70. DISCLOSURES IN RESIDENTIAL REAL PROPERTY TRANSFERS
34.70.110. Waiver by agreement.
This chapter does not apply to the transfer of an interest in residential real property if the transferor and transferee agree in writing that the transfer will not be covered under this chapter.
TITLE 34. PROPERTY
CHAPTER 34.08. COMMON INTEREST OWNERSHIP
ARTICLE 04. PROTECTION OF PURCHASERS
34.08.620. Conversion property.
(a) A declarant of a common interest community containing conversion property, and any dealer who intends to offer units in a common interest community containing conversion units, shall give each residential tenant and each residential subtenant in possession of a portion of conversion property notice of the conversion and provide each person with the public offering statement no later than 180 days before the tenant and any subtenant in possession are required to vacate. If the conversion property consists of a mobile home park, notice of the conversion and delivery of a public offering statement shall be provided no later than one year before the tenant and any subtenant in possession are required to vacate. The notice must set out generally the rights of tenants and subtenants under this section and shall be hand delivered to the tenant or subtenant in possession or mailed by certified mail, return receipt requested, to the tenant and subtenant at the address of the unit or any other mailing address provided by a tenant. The failure to give notice as required by this section is a defense to an action for possession and the terms of the tenancy may not be altered during the notice period provided by this subsection. A tenant or subtenant may not be required to vacate upon less than 180 days' notice and a tenant and a subtenant in possession in a mobile home park may not be required to vacate upon less than one year's notice except for one of the following reasons:Contract for Deed - General - Alaska
Alaska Statutes
TITLE 34. PROPERTY
CHAPTER 34.08. COMMON INTEREST OWNERSHIP
ARTICLE 04. PROTECTION OF PURCHASERS
34.08.620. Conversion property.
(a) A declarant of a common interest community containing conversion property, and any dealer who intends to offer units in a common interest community containing conversion units, shall give each residential tenant and each residential subtenant in possession of a portion of conversion property notice of the conversion and provide each person with the public offering statement no later than 180 days before the tenant and any subtenant in possession are required to vacate. If the conversion property consists of a mobile home park, notice of the conversion and delivery of a public offering statement shall be provided no later than one year before the tenant and any subtenant in possession are required to vacate. The notice must set out generally the rights of tenants and subtenants under this section and shall be hand delivered to the tenant or subtenant in possession or mailed by certified mail, return receipt requested, to the tenant and subtenant at the address of the unit or any other mailing address provided by a tenant. The failure to give notice as required by this section is a defense to an action for possession and the terms of the tenancy may not be altered during the notice period provided by this subsection. A tenant or subtenant may not be required to vacate upon less than 180 days' notice and a tenant and a subtenant in possession in a mobile home park may not be required to vacate upon less than one year's notice except for one of the following reasons:
(1) the tenant or subtenant has defaulted in the payment of rent owed;TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.010. Manner of executing conveyances.
(a) A conveyance of land, or of an estate or interest in land, may be made by deed, signed and sealed by the person from whom the estate or interest is intended to pass, who is of lawful age, or by the lawful agent or attorney of the person, and acknowledged or proved, and recorded as directed in this chapter, without any other act or ceremony whatever.TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.030. Form of warranty deed.
(a) A warranty deed for the conveyance of land may be substantially in the following form, without express covenants:TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.010. Manner of executing conveyances.
(a) A conveyance of land, or of an estate or interest in land, may be made by deed, signed and sealed by the person from whom the estate or interest is intended to pass, who is of lawful age, or by the lawful agent or attorney of the person, and acknowledged or proved, and recorded as directed in this chapter, without any other act or ceremony whatever.TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.030. Form of warranty deed.
(a) A warranty deed for the conveyance of land may be substantially in the following form, without express covenants:TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.040. Form of quitclaim deed.
(a) A quitclaim deed may be substantially in the following form:TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 01. FORM AND EFFECT
34.15.050. Effect of quitclaim.
A deed of quitclaim and release for the form in common use is sufficient to pass all the real estate which the grantor can convey by a deed of bargain and sale
TITLE 34. PROPERTY
CHAPTER 34.15. CONVEYANCES
ARTICLE 02. ACKNOWLEDGMENT AND PROOF
34.15.240. Penalty for refusal to appear or testify.
A person served with a subpoena described in AS 34.15.230 who, without reasonable cause, refuses or neglects to appear, or upon appearing refuses to answer upon oath regarding the execution of a deed, shall forfeit to the injured party $100, and may also be committed to jail for a contempt by the officer who issues the subpoena, to remain in jail until the person submits to answer on oath as required.
TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.070. Sale by trustee.
(a) If a deed of trust is executed conveying real property located in the state to a trustee as security for the payment of an indebtedness and the deed provides that in case of default or noncompliance with the terms of the trust, the trustee may sell the property for condition broken, the trustee, in addition to the right of foreclosure and sale, may execute the trust by sale of the property, upon the conditions and in the manner set forth in the deed of trust, without first securing a decree of foreclosure and order of sale from the court, if the trustee has complied with the notice requirements of (b) of this section. If the deed of trust is foreclosed judicially or the note secured by the deed of trust is sued on and a judgment is obtained by the beneficiary, the beneficiary may not exercise the nonjudicial remedies described in this section.TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.080. Sale at public auction.
(a) The sale authorized in AS 34.20.070 shall be made under the terms and conditions and in the manner set out in the deed of trust. The proceeds from a sale shall be placed in a trust account until they are disbursed. However, the sale shall be madeTITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.090. Title, interest, possessory rights, and redemption.
(a) The sale and conveyance transfers all title and interest that the party executing the deed of trust had in the property sold at the time of its execution, together with all title and interest that party may have acquired before the sale, and the party executing the deed of trust or the heirs or assigns of that party have no right or privilege to redeem the property, unless the deed of trust so declares.TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.100. Deficiency judgment prohibited.
When a sale is made by a trustee under a deed of trust, as authorized by AS 34.20.070 – 34.20.130, no other or further action or proceeding may be taken nor judgment entered against the maker or the surety or guarantor of the maker, on the obligation secured by the deed of trust for a deficiency.
TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.110. Trust deeds recorded as mortgages.
For the purposes of record, a deed of trust, given to secure an indebtedness, shall be treated as a mortgage of real estate, and recorded in full in the book provided for mortgages of real property. The person who makes or executes the deed of trust shall be indexed as mortgagor, and the trustee and the beneficiary or cestui que trust, as the mortgagees.
TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.115. Procedure for reconveyance.
(a) Unless the beneficiary has requested that a title insurance company reconvey a trust deed before the title insurance company mails or delivers the notice under (b) of this section, a title insurance company shall comply with the requirements of this section before reconveying the trust deed.NOTICE OF INTENT TO RECONVEY
TO: (Beneficiary or servicer for beneficiary)TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.120. Substitution of trustee.
(a) The trustee under a trust deed upon real property given to secure an obligation to pay money and conferring no duties upon the trustee other than the duties that are incidental to the exercise of the power of sale conferred in the deed may be substituted by recording in the mortgage records of the recording district in which the property is located a substitution executed and acknowledged byTITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 02. DEEDS OF TRUST
34.20.130. Recording assignment, subordination, or waiver.
(a) The following instruments may be recorded:TITLE 34. PROPERTY
CHAPTER 34.20. MORTGAGES AND TRUST DEEDS
ARTICLE 03. MISCELLANEOUS PROVISIONS
34.20.160. Notice of other remedies.
(a) When a lender uses a note as evidence of an obligation secured by a mortgage or deed of trust, the note must affirmatively advise the mortgagor or trustor and any other party bound by the note if the mortgagee or beneficiary wants the option to bring suit directly on the note to collect an amount owing under the note without first foreclosing the mortgage or deed of trust. This option must be stated in writing within the note or as a separate document. If a note executed after May 24, 1988 fails to contain the notice specified in this section, the debt secured by the mortgage or deed of trust may be foreclosed under AS 09.45.170 – 09.45.220 or AS 34.20.070 – 34.20.135.TITLE 34. PROPERTY
CHAPTER 34.25. VALIDATION OF FORMAL DEFECTS
34.25.040. Deeds on judicial sales.
(a) A judicial sale of real property is valid and sufficient in law to sustain a deed based on the sale whenTITLE 34. PROPERTY
CHAPTER 34.25. VALIDATION OF FORMAL DEFECTS
34.25.060. Record of the deed as evidence.
When the deed is executed and recorded in the deed records in the proper recording district, the record, certified by the recorder, is evidence in all courts, and has the same effect as the original.
TITLE 34. PROPERTY
CHAPTER 34.25. VALIDATION OF FORMAL DEFECTS
34.25.070. Validation of sales and action to quiet title.
(a) A sale of real estate by an administrator or executor is confirmed and approved, notwithstanding irregularities or informalities in the proceedings before the sale, whenTITLE 38. PUBLIC LAND
CHAPTER 38.50. EXCHANGE OF STATE LAND
38.50.150. Execution of exchange.
If a deed, contract of exchange, or other instrument of conveyance which the director receives to effectuate an exchange is properly executed, acknowledged, and authorized by the appropriate party, the director shall accept conveyance of title to the land and other property which the state is to receive as consideration, and shall issue a patent, contract of exchange, or other instrument of conveyance to the appropriate party for the property which the director is then obligated to convey. Before acceptance by the director of a deed, contract of exchange, or other instrument, no action taken by the director or by any other state official creates a right against the state with respect to state land.
TITLE 34. PROPERTY
CHAPTER 34.70. DISCLOSURES IN RESIDENTIAL REAL PROPERTY TRANSFERS
34.70.010. Disclosures in residential real property transfers.
Before the transferee of an interest in residential real property makes a written offer, the transferor shall deliver by mail or in person a completed written disclosure statement in the form established under AS 34.70.050 . Delivery to the spouse of the transferee constitutes delivery to the transferee unless the transferor and the transferee agree otherwise before the delivery.
TITLE 34. PROPERTY
CHAPTER 34.70. DISCLOSURES IN RESIDENTIAL REAL PROPERTY TRANSFERS
34.70.110. Waiver by agreement.
This chapter does not apply to the transfer of an interest in residential real property if the transferor and transferee agree in writing that the transfer will not be covered under this chapter.
TITLE 34. PROPERTY
CHAPTER 34.08. COMMON INTEREST OWNERSHIP
ARTICLE 04. PROTECTION OF PURCHASERS
34.08.620. Conversion property.
(a) A declarant of a common interest community containing conversion property, and any dealer who intends to offer units in a common interest community containing conversion units, shall give each residential tenant and each residential subtenant in possession of a portion of conversion property notice of the conversion and provide each person with the public offering statement no later than 180 days before the tenant and any subtenant in possession are required to vacate. If the conversion property consists of a mobile home park, notice of the conversion and delivery of a public offering statement shall be provided no later than one year before the tenant and any subtenant in possession are required to vacate. The notice must set out generally the rights of tenants and subtenants under this section and shall be hand delivered to the tenant or subtenant in possession or mailed by certified mail, return receipt requested, to the tenant and subtenant at the address of the unit or any other mailing address provided by a tenant. The failure to give notice as required by this section is a defense to an action for possession and the terms of the tenancy may not be altered during the notice period provided by this subsection. A tenant or subtenant may not be required to vacate upon less than 180 days' notice and a tenant and a subtenant in possession in a mobile home park may not be required to vacate upon less than one year's notice except for one of the following reasons: