Alaska Release of Production Payment by Lessor

State:
Multi-State
Control #:
US-OG-400
Format:
Word; 
Rich Text
Instant download

Description

This form of release is used when Lessor releases, relinquishes, and quit claims to the present owners of the Lease all of a Production Payment interest. From and after the Effective Date, the Production Payment interest in the Lease is deemed to have terminated and is no longer a burden on the leasehold estate created by the Lease.

How to fill out Release Of Production Payment By Lessor?

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FAQ

Within 14 days after you move out, your landlord must either return your deposit or send you a statement explaining what the deposit was used for and why you are not getting it back. Remember, your landlord can only charge you for damage or cleaning to put the apartment back in the same condition as when you rented it.

The Alaska 30-day notice to quit (lease termination letter) is a document used by landlords and tenants for legally ending a periodic tenancy. The form is only to be used with leases that do not have a fixed end date. Both parties are required to uphold the thirty (30) day minimum notice requirement.

Regarding raising rent, landlords in Alaska can raise the rent by any amount, but they cannot do so before providing a 30-day written notice for monthly lease agreements. Of course, the tenant can choose to pay the higher rent or move out.

290. Periodic tenancy and holdover. While rent is current, the landlord or the tenant may terminate a week to week tenancy by a written notice given to the other at least 14 days before the termination date specified in the notice.

Things A Landlord Cannot Do in Alaska Landlords cannot change locks, shut off utilities, or take other "self-help" actions to try to evict you. They have to file eviction cases in court.

Except in case of emergency or if it is impracticable to do so, the landlord shall give the tenant at least 24 hours notice of intention to enter and may enter only at reasonable times and with the tenant's consent. (2) unless the tenant has abandoned or surrendered the premises.

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Alaska Release of Production Payment by Lessor