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Alaska Standard Residential Lease Agreement

An Alaska standard residential lease agreement is a document that exists to bind a lessor (landlord) and lessee (tenant) to a set of rules concerning the rental of a residential dwelling. A lease provides clarity regarding a range of matters including the periodic rent, agreement term, late fees, and utility charges. It also offers the parties protections and guarantees not covered by Alaska rental laws. The landlord will sit down with tenants and complete the contract after verifying their rental, criminal, and employment history through the administration of a rental application.

Rental LawsTitle 34, Ch. 3 (Uniform Residential Landlord and Tenant Act)

Handbook (Guide)The Alaska Landlord & Tenant Act: What it Means to You

Contents

Security Deposits

Maximum (AS 34.03.070(a)) – Two (2) months’ rent (does not apply if rent exceeds two thousand dollars ($2,000) per month).

Returning (AS 34.03.070(g)) – Fourteen (14) days after the landlord receives notice from the tenant; thirty (30) days if no notice is given.


When is Rent Due?

Alaska landlord-tenant law does not require landlords to give tenants a grace period for overdue rent. Therefore, rent payments are due at the beginning of the lease term unless the lease states otherwise (AS 34.03.020(c)).


Disclosures (4)

1) Absence

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.

2) Landlord’s Information

The landlord must disclose to the tenant in writing any person(s) authorized to manage the property and receive notices/demands from the tenant.

3) Lead-Based Paint Disclosure Form

All housing units built before 1978 are required by federal law to issue this document to new tenants.

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4) Withholding Security Deposit

The landlord must state any terms or conditions for withholding any sum of the security deposit.