AK Bar Alaska Property Law 1 — Questions and Answers
Question 1: What type of deed provides the greatest protection to a buyer in Alaska?
- Quitclaim deed
- Special warranty deed
- General warranty deed (Correct answer)
- Bargain and sale deed
Correct answer: General warranty deed
A general warranty deed provides the most buyer protection, with the grantor warranting title against all claims including those arising before the grantor's ownership.
Question 2: Under Alaska's recording act, what type of statute protects a subsequent bona fide purchaser?
- Race statute
- Notice statute
- Race-notice statute (Correct answer)
- Pure notice statute
Correct answer: Race-notice statute
Alaska follows a race-notice recording act, protecting subsequent purchasers who record first without notice of a prior unrecorded interest.
Question 3: In Alaska, the adverse possession period for privately held land is how many years?
- 5 years
- 7 years
- 10 years (Correct answer)
- 20 years
Correct answer: 10 years
AS 09.10.030 establishes a 10-year adverse possession period for privately held real property in Alaska.
Question 4: What elements are required for adverse possession in Alaska?
- Actual, open, notorious, exclusive, hostile, and continuous for statutory period (Correct answer)
- Actual and continuous only
- Open and notorious only
- Written claim and continuous use
Correct answer: Actual, open, notorious, exclusive, hostile, and continuous for statutory period
Alaska requires actual, open, notorious, exclusive, hostile (under claim of right), and continuous possession for the statutory 10-year period.
Question 5: Under Alaska law, a landlord must return a residential security deposit within how many days after tenancy ends?
- 14 days
- 30 days (Correct answer)
- 45 days
- 60 days
Correct answer: 30 days
AS 34.03.070 requires landlords to return security deposits or provide written accounting within 14 days after the tenant vacates.
Question 6: Alaska's Uniform Residential Landlord Tenant Act requires landlords to maintain rental property in what condition?
- As-is condition
- Habitable condition fit for the intended use (Correct answer)
- Only structurally sound
- Only weatherproofed
Correct answer: Habitable condition fit for the intended use
AS 34.03.100 requires landlords to maintain residential premises in a habitable condition, fit and safe for human occupancy.
AK Bar Alaska Property Law 1
What type of deed provides the greatest protection to a buyer in Alaska?