AK Bar Alaska Property Law

Question 1

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

Accepted Answer

General warranty deed

Answer

Quitclaim deed

Answer

Special warranty deed

Answer

Bargain and sale deed

Question 2

Under Alaska's recording act, what type of statute protects a subsequent bona fide purchaser?

Accepted Answer

Race-notice statute

Answer

Race statute

Answer

Notice statute

Answer

Pure notice statute

Question 3

In Alaska, the adverse possession period for privately held land is how many years?

Accepted Answer

10 years

Answer

5 years

Answer

7 years

Answer

20 years

Question 4

What elements are required for adverse possession in Alaska?

Accepted Answer

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

Answer

Actual and continuous only

Answer

Open and notorious only

Answer

Written claim and continuous use

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

14 days

Answer

45 days

Answer

60 days

Question 6

Alaska's Uniform Residential Landlord Tenant Act requires landlords to maintain rental property in what condition?

Accepted Answer

Habitable condition fit for the intended use

Answer

As-is condition

Answer

Only structurally sound

Answer

Only weatherproofed