Alaska Statutes Sec. 34.40.040 - Invalidating Effect of Provision for Revocation, Determination, or Alteration

A conveyance or charge of or upon an estate or interest in land containing a provision for the revocation, determination, or alteration of the estate or interest, or a part of it, at the will of the grantor, is void as against subsequent purchasers from the grantor for a valuable consideration of an estate or interest liable to be revoked or determined, although the estate or interest is not expressly revoked, determined, or altered by the grantor by virtue of the power reserved or expressed in a prior conveyance or charge.

Section: Previous  34.40.010  34.40.020  34.40.030  34.40.040  34.40.050  34.40.060  34.40.070  34.40.080  34.40.090  34.40.100  34.40.110  34.40.113  34.40.115  34.40.118  34.40.120  Next

Last modified: November 15, 2016