(a) A lessee of a remote parcel under former Alaska Stat. § 38.05.077 may elect to obtain title to the remote parcel under Alaska Stat. § 38.09.050. If a lessee of a remote parcel elects to obtain title under Alaska Stat. § 38.09.050, July 28, 1983, shall be considered the date of the issuance of the homestead entry permit.
Terms Used In Alaska Statutes 38.09.100
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
(b) Except as provided in (a) of this section, nothing in this chapter affects the rights and obligations of lessees of remote parcels under former Alaska Stat. § 38.05.077.(c) Notwithstanding the provisions of former Alaska Stat. § 38.05.077 and 38.05.078, the heirs or devisees of a deceased lessee of a remote parcel may sell their interest in the lease of the remote parcel. The sellers shall notify the commissioner of the sale.
