Properties transferred to the municipality are held by the municipality for at least one year. During the redemption period a party having an interest in the property may redeem it by paying the lien amount plus penalties, interest, and costs, including all costs incurred under AS 29.45.440 (a). Property redeemed is subject to all accrued taxes, assessments, liens, and claims as though it had continued in private ownership. Only the amount applicable under the judgment and decree must be paid in order to redeem the property.
Section: Previous 29.45.330 29.45.340 29.45.350 29.45.360 29.45.370 29.45.380 29.45.390 29.45.400 29.45.410 29.45.420 29.45.430 29.45.440 29.45.450 29.45.460 29.45.470 NextLast modified: November 15, 2016