Alaska Statutes 45.02.304 – Price payable in money, goods, realty, or otherwise

(a) The price can be made payable in money or otherwise. If it is payable in whole or in part in goods, each party is a seller of the goods that the party is to transfer.

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Terms Used In Alaska Statutes 45.02.304

seller: means a person who sells or contracts to sell goods. See Alaska Statutes 45.02.103

(b) Even though all or part of the price is payable in an interest in realty, the transfer of the goods and the seller’s obligations with reference to them are subject to this chapter but not the transfer of the interest in realty or the transferor’s obligations in connection with the transfer of the real interest.

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