AK Bar Alaska Property Law 1

Question 1

What type of deed provides the greatest protection to a buyer in Alaska?

Accepted Answer

General warranty deed

Answer

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?

Accepted Answer

Race-notice statute

Answer

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?

Accepted Answer

10 years

Answer

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?

Accepted Answer

Actual, open, notorious, exclusive, hostile, and continuous for statutory period

Answer

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?

Accepted Answer

30 days

Answer

AS 34.03.070 requires landlords to return security deposits or provide written accounting within 14 days after the tenant vacates.

AK Bar - Alaska Bar Exam Practice Test

AK Bar - Alaska Bar Exam Practice Test

AK Bar Alaska Property Law 1