Alaska Property Law Flashcards
6 cards from real AK BAR practice questions. Tap to flip, then mark Knew It or Still Learning โ missed cards come back until you master them.
Read the first 6 Alaska Property Law flashcards as text
In Alaska, the conveyance of real property by a married person requires whose signature?
Answer: Both spouses if the property is community property or marital home
Alaska requires both spouses to join in conveyances of the marital home and certain marital property to protect each spouse's interest.
What type of estate is created when land is granted 'to A for life, then to B'?
Answer: Life estate with remainder
This conveyance creates a life estate in A with a vested remainder in B, who takes the property upon A's death.
Under Alaska law, a prescriptive easement requires what period of use?
Answer: 10 years
A prescriptive easement in Alaska requires open, notorious, continuous, and adverse use for 10 years, mirroring the adverse possession period.
What must a deed contain to be valid in Alaska?
Answer: Grantor, grantee, words of conveyance, legal description, and grantor's signature
A valid Alaska deed must identify the grantor and grantee, include words of conveyance, provide a legal description, and be signed by the grantor.
Alaska's rule against perpetuities has been modified by statute to what standard?
Answer: A 90-year wait-and-see period under the Uniform Statutory Rule
Alaska adopted the Uniform Statutory Rule Against Perpetuities, providing a 90-year wait-and-see period to validate interests.
In Alaska, which type of deed is most commonly used in foreclosure sales?
Answer: Trustee's deed or sheriff's deed
Foreclosure sales in Alaska typically use a trustee's deed (in non-judicial foreclosures) or a sheriff's deed (in judicial foreclosures) conveying only what interest the borrower had.