Alaska Acquisition Title Opinion
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How to fill out Acquisition Title Opinion?
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FAQ
If the property is held as tenants by the entirety or as Alaska Community Property with a right of survivorship, it passes automatically to the spouse who survives the person who died. There is no need to do anything to transfer the real property to the surviving spouse.
An Alaska quit claim deed is a document that includes the transfer of ownership in real estate, with no guarantees, from a grantor (seller) to a grantee (buyer). If the grantor has any ownership of the property, it will be transferred to the grantee.
A transfer-on-death (TOD) deed is like a regular deed you might use to transfer real estate located in Alaska, but with a crucial difference: It doesn't take effect until your death. At your death, the real estate goes automatically to the person you named to inherit it, without the need for probate court proceedings.
Over-the-Counter Purchases The Over-The-Counter (OTC) program allows anyone (resident or non-resident) to purchase available land at a fixed price in designated areas.
Ownership Changes Recording a deed is best handled through a Title Company. For those doing their own deeds, deed templates are often available online or at office supply stores. The deed must have the names and addresses of both the current ownership and the new ownership, and the legal description of the property.
Using a quitclaim deed is a quick way to transfer the property. If you're the spouse receiving the property, once you remove your ex's name and the property is transferred to you by quitclaim deed, you own all of it.