This Contract for the sale of real estate is for use in Alaska. It can be used for a cash sale, assumption or new loan buyer. The contract contains provisions common to a real estate transaction. No broker involved.
This Contract for the sale of real estate is for use in Alaska. It can be used for a cash sale, assumption or new loan buyer. The contract contains provisions common to a real estate transaction. No broker involved.
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Alaska is the 49th state of the United States. However, it was a part of Russia till 1867. 154 years ago, Russia had to sell Alaska to America at a meagre price of $7.2 million. But now, the estimated GDP of Alaska is estimated to be around $50 billion.
On Kodiak Island, Grigory Shelikhov, a Russian fur trader, founds Three Saints Bay, the first permanent Russian settlement in Alaska. The European discovery of Alaska came in 1741, when a Russian expedition led by Danish navigator Vitus Bering sighted the Alaskan mainland.
Defeat in the Crimean War further reduced Russian interest in this region. Russia offered to sell Alaska to the United States in 1859, believing the United States would off-set the designs of Russia's greatest rival in the Pacific, Great Britain.
On March 30, 1867, the two parties agreed that the United States would pay Russia $7.2 million for the territory of Alaska. For less that 2 cents an acre, the United States acquired nearly 600,000 square miles.
On March 30, 1867, the United States reached an agreement to purchase Alaska from Russia for a price of $7.2 million. The Treaty with Russia was negotiated and signed by Secretary of State William Seward and Russian Minister to the United States Edouard de Stoeckl.