Alaska Statutes Title 34, Chapter 34.07, Article 02 - Apartment Ownership and Conveyancing

• Sec. 34.07.080 Apartment Classified As Real Property.
  Each apartment, together with its undivided interest in the common areas and facilities is not considered an intangible or a security or any interest...
• Sec. 34.07.090 Apartment Ownership and Possession.
  Each apartment owner shall have exclusive ownership and possession of the owner's apartment, but any apartment may be owned by husband and wife as...
• Sec. 34.07.100 Separation of Apartment Ownership From Common Areas and Facilities Ownership Prohibited.
  The percentage of the undivided interest in the common areas and facilities may not be separated from the apartment to which it appertains even...
• Sec. 34.07.110 Release or Partial Release From Encumbrance Affecting Apartment With First Conveyance; Partial Waiver of Lien Claims.
  (a) At the time of the first conveyance of each apartment, every mortgage, deed of trust, lien, or other encumbrance affecting the apartment, including...
• Sec. 34.07.120 Liability of Grantee for Unpaid Common Expenses At Time of Conveyance.
  In a voluntary conveyance the grantee of an apartment is jointly and severally liable with the grantor for all unpaid assessments against the latter...
• Sec. 34.07.130 Person Obtaining Possession Upon Foreclosure of Apartment Not Liable for Common Expenses.
  If a mortgagee of a recorded mortgage or a trustee of a recorded deed of trust or other purchaser of an apartment obtains possession...
• Sec. 34.07.140 Grantee Entitled to Statement of Unpaid Assessments.
  A grantee is entitled to a statement from the manager or board of directors setting out the amount of the unpaid assessments against the...
• Sec. 34.07.150 Contents of Apartment Deed.
  An apartment deed must include(1) a description of the land as provided in AS 34.07.020 , or the post office address of the property,...

Last modified: November 15, 2016