In this chapter,

(1) “disclosure statement” means the disclosure statement required by Alaska Stat. § 34.70.010;

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Terms Used In Alaska Statutes 34.70.200

  • Contract: A legal written agreement that becomes binding when signed.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • property: includes real and personal property. See Alaska Statutes 01.10.060
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
(2) “real property” includes a unit in real property subject to Alaska Stat. Chapter 34.07 or Alaska Stat. Chapter 34.08;
(3) “residential real property” means real property whose primary purpose is to provide a single-family dwelling, or two single-family dwellings in one building, including a manufactured home that has become real property under AS 34.85.010; in this paragraph, “manufactured home” has the meaning given in AS 45.29.102;
(4) “transfer” means transfers by sale, exchange, installment land sale contract, lease with an option to purchase, other option to purchase, or a ground lease coupled with improvements.