Terms Used In Alaska Statutes > Title 38 > Chapter 5 > Article 14 - Material Sales

• action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
• Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
• Appraisal: A determination of property value.
• commissioner: means the commissioner of natural resources. See Alaska Statutes 38.05.965
• Contract: A legal written agreement that becomes binding when signed.
• department: means the Department of Natural Resources. See Alaska Statutes 38.05.965
• director: means the director of the division of lands of the Department of Natural Resources. See Alaska Statutes 38.05.965
• Fair market value: The price at which an asset would change hands in a transaction between a willing, informed buyer and a willing, informed seller.
• land: means all land, including shoreland, tideland , and submerged land, or resources belonging to or acquired by the state. See Alaska Statutes 38.05.965
• 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}
• person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
• state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
• writing: includes printing. See Alaska Statutes 01.10.060