Contents |
Types (5)
Deed of Trust – A contract that conveys a property’s title to a neutral third party (trustee) until a real estate loan is repaid in full. Includes three (3) parties: the borrower (grantor), the lender (beneficiary), and a trustee.
Download: PDF, Word (.docx), OpenDocument
General Warranty Deed – Provides the buyer with a guarantee that the title is free of any issues throughout the entire ownership history.
Download: PDF, Word (.docx), OpenDocument
Special Warranty Deed – Similar to a general warranty deed but it only guarantees a clear title for the length of time the current owner (grantor) owned the property.
Download: PDF, Word (.docx), OpenDocument
Transfer on Death Deed – Used to transfer property to another person upon the owner’s death. The owner retains full rights over their property and can revoke the deed at anytime.
Download: PDF
Quit Claim Deed – Less complicated than warranty deeds, but it provides the grantee with no assurances as to the quality of the title.
Download: PDF, Word (.docx), OpenDocument
Laws & Requirements
- Statutes: Chapter 34.15 (Conveyances)
- Formatting: § 40.17.030, “Preparing Documents” Guide
- Signing requirements (§ 34.15.150): The grantor(s) must have their signature(s) notarized.
- Where to record: The completed deed must be brought to the recorder’s office in the district where the property is located in. View all offices.
- Recording fees (Alaska.gov “Recording Fees”): $20 for the first page, $5 for each additional page. Additional fees may apply.