An Alaska lease agreement is a legal form that is used when Landlords rent out their property to Tenants in exchange for monthly rent payments. The Landlord will draft the lease after going over the rental terms with the Tenant.
Alaska Landlord-Tenant Laws
Following the Alaska Uniform Residential Landlord and Tenant Act when creating your lease agreement is essential, which helps protect landlords’ and tenants’ rights and responsibilities.
Federal Laws
Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
What to Include in a Alaska 1-Page Residential Lease Agreement Form?
Required Disclosures
- Landlord’s Contact Details
- Lead-Based Paint Disclosure
Security Deposits
- Maximum Limit – Landlords can charge a security deposit not exceeding two months’ rent (including pet deposits if applicable).
- Returning – Upon termination of the lease, the landlord must return the deposit within 14 days. If the landlord deducts money from the deposit for damages, the landlord has 30 days to return the remaining amount.
- Withholding – Within 14 days of receiving the deposit, landlords must provide tenants with a written notice explaining the conditions under which they may withhold all or part of the deposit.
Source: § 34.03.070
Landlord Access
- General Access/Legal Notice – Landlords must provide reasonable written notice (typically 24 hours) before entering the rental unit for non-emergency purposes, except in abandonment cases.
- Emergency – In emergencies, landlords can enter without notice.
Paying Rent
Grace Period – There’s no grace period in the state of Alaska.
Reasons for Eviction
- Material Affecting Health and Safety – If a material defect occurs on the property, the Landlord must cure it within ten days after receiving notice from the Tenant. If it is not fixed within 20 days, the tenant can terminate the tenancy.
- Recurrence of Noncompliance – If a prior breach reoccurs within six months of the last breach, the tenant may terminate the lease with ten days written notice.
Source: § 34.03.160
Repairs and Maintenance
- Who is responsible – The Landlords are responsible for maintaining the property in a habitable condition. Tenants must notify landlords in writing of any necessary repairs or issues with the property.
- Time Frame – The law does not require the Landlord or Tenant to fix a condition in a specified time.
Source: § 34.03.100
Evictions
- Legal – Tenant has seven days to pay rent in full after receiving notice of nonpayment from the Landlord. If rent still goes unpaid, the tenancy terminates unless the Landlord agrees to extend.
- Illegal – Do-it-yourself eviction methods, such as changing locks or shutting off utilities, are unlawful.
Source: § 09.45.090 – § 09.45.105
Recommended Services
- Alaska Real Estate Commission – Alaska.gov
Frequently Asked Questions
How Much Can Landlord Increase My Rent?
Landlords can raise the rent to any amount as there are no caps on the amount in Alaska.
How much do real estate agents make in Alaska?
The average annual wage for real estate agents was $63,720.
How much is real estate in Alaska?
The average home price in Alaska is around $293,000.
How to become a real estate agent in Alaska?
Must be at least 19 years old to apply through the Alaska Real Estate Commission.
Are there real estate taxes in Alaska?
Yes.
When is the best time to travel to Alaska?
Summer months: June to August.
When to travel to Alaska?
Summer months for warmer weather and longer days but winter months for the winter sports and northern lights experiences.
Do you get paid to live in Alaska?
Yes, through the Alaska Permanent Fund.
Is Alaska a state?
Yes.
When did Alaska become a state?
January 3, 1959.
When did Alaska become a state in the United States?
Alaska became United States 49th state on January 3rd, 1959.
What is the state capital of Alaska?
Juneau.
What time zone in Alaska?
Alaska Time Zone (AKT) and for daylight savings time Alaska Daylight Time Zone (AKDT).
What is the weather in Alaska?
Subarctic and polar climates and mild summers depending on the time of year and the location.
