Alaska Statutes Title 34, Chapter 34.08, Article 04 - Protection of Purchasers

• Sec. 34.08.510 Applicability.
  (a) The provisions of AS 34.08.510 - 34.08.700 apply to all units subject to this chapter, except as provided in (b) of this section...
• Sec. 34.08.520 Liability for Public Offering Statement Requirements.
  (a) Except as provided in (b) of this section, a declarant, before offering an interest in a unit to the public, shall prepare a...
• Sec. 34.08.530 Public Offering Statements Generally.
  (a) Except as provided in (b) of this section, a public offering statement must fully and accurately contain or disclose(1) the name and principal...
• Sec. 34.08.540 Common Interest Communities Subject to Development Rights.
  If the declaration provides that a common interest community is subject to development rights, the public offering statement must disclose, in addition to the...
• Sec. 34.08.550 Time Shares.
  If the declaration provides that ownership or occupancy of a unit is or may be in time shares, the public offering statement must disclose,...
• Sec. 34.08.560 Common Interest Communities Containing Conversion Property.
  (a) The public offering statement of a common interest community containing conversion property must contain, in addition to the information required by AS 34.08.530...
• Sec. 34.08.570 Common Interest Community Securities.
  If an interest in a common interest community is currently registered with the Securities and Exchange Commission of the United States, a declarant satisfies...
• Sec. 34.08.580 Purchaser's Right to Cancel.
  (a) A person required to deliver a public offering statement under AS 34.08.520 (c) shall provide each purchaser with a copy of the public...
• Sec. 34.08.590 Resales of Units.
  (a) Except for a sale in which delivery of a public offering statement is required, or unless the sale is exempt under AS 34.08.510(b),...
• Sec. 34.08.600 Escrow of Deposits.
  A deposit made in connection with the purchase or reservation of a unit from a person required to deliver a public offering statement under...
• Sec. 34.08.610 Release of Liens.
  (a) In a sale of a unit where delivery of a public offering statement is required under AS 34.08.520 (c), a seller before conveying...
• Sec. 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...
• Sec. 34.08.630 Express Warranties of Quality.
  (a) An express warranty made by a seller to a purchaser of a unit, if relied upon by the purchaser, is created as follows:(1)...
• Sec. 34.08.640 Implied Warranties of Quality.
  (a) A declarant and a dealer warrant that a unit will be in at least as good condition at the earlier of the time...
• Sec. 34.08.650 Exclusion or Modification of Implied Warranties of Quality.
  (a) Except as limited by (b) of this section with respect to a purchaser of a unit that may be used for residential use,...
• Sec. 34.08.660 Statute of Limitations for Warranties.
  (a) A judicial proceeding for breach of an obligation arising under AS 34.08.630 or 34.08.640 must be commenced within six years after the cause...
• Sec. 34.08.670 Effect of Violations on Rights of Action.
  If a declarant or any other person subject to this chapter fails to comply with a provision of this chapter or with a provision...
• Sec. 34.08.680 Labeling of Promotional Material.
  Promotional material may not be displayed or delivered to a prospective purchaser that describes or portrays an improvement that is not in existence unless...
• Sec. 34.08.690 Declarant's Obligation to Complete and Restore.
  (a) Except for an improvement labeled "NEED NOT BE BUILT," the declarant shall complete each improvement depicted on a site plan or other graphic...
• Sec. 34.08.700 Substantial Completion of Units.
  In the sale of a unit for which delivery of a public offering statement is required, a contract of sale may be executed, but...

Last modified: November 15, 2016