Updated on September 3rd, 2022
An Alaska month-to-month lease agreement binds a tenant (lessee) and landlord (lessor) to a rental contract wherein the tenant agrees to rent a dwelling from the landlord on a monthly basis. The agreement is very similar to a standard lease, with the major exception being that the parties do not agree on a fixed end-date. This lack of a defined term makes the contract favorable to landlords that are looking for greater flexibility with their rentals. The lease continues with the tenant paying rent every month at the agreed-upon time until either party wishes to end the arrangement. Justification for terminating a month-to-month lease is not required; however, either party must notify the other thirty (30) days prior to terminating the arrangement.
Notice For Terminating – Thirty (30) days (§ 34.03.290(b))
Tenant Screening – Alaska Rental Application
Disclosures (4) |
It should be stated in the rental agreement that the landlord must be notified if the tenant plans on being absent from the rental property for seven (7) or more days.
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The landlord must disclose to the tenant in writing any person(s) authorized to manage the property and receive notices/demands from the tenant.
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3) Lead-Based Paint Disclosure Form Federal law states that landlords and tenants must sign this form for any dwelling constructed before 1978.
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4) Withholding Security Deposit Any security deposits that are taken should be held in a trust account, savings and loan association, or with a licensed escrow agent. The terms and conditions by which the landlord may withhold any portion of the security deposit must be provided to the tenant.
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