Alaska land buying and selling document guide follows typical home-selling paperwork, but the state’s remote lands and climate bring additional details that must be disclosed to buyers. For example, a seller must disclose known structural issues and environmental hazards, such as lead-based paint, asbestos and radon gas. This disclosure process is a legal requirement and can protect the seller from liability in the event of a lawsuit. In addition, the property’s title must prove ownership and show no liens, back taxes or other complicating factors. During this time, buyers should be sure to complete their own due diligence research and have all required inspections completed before the closing date.

Alaska Land Buying and Selling Document Guide

In a traditional sale, a real estate agent will handle the property transfer and disclosure process to ensure compliance with local and state regulations. However, a seller who chooses to sell property on their own (for sale by owner) must still be aware of the requirements and legal pitfalls.

Thorough preparation sets sellers up for a faster sales process by documenting existing easements, surveying property lines, gathering plot maps, addressing title issues, removing junk or debris, and taking quality listing photos. Additionally, an expert market analysis assesses current area sales and determines a competitive listing price that plays up the parcel’s assets like water frontage, scenic views, timber value and wildlife activity.