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Alaska Residential Purchase Agreement

An Alaska residential purchase agreement is a contract used by an individual to submit an offer to buy real estate. The offer only turns into an agreement once it has been signed by the seller and acceptance has been provided.
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State Laws

Carbon Monoxide – It is required that carbon monoxide detectors are installed and maintained in all dwellings.[1]
Trust Accounts – A broker must hold escrow deposits in a trust account.[2]

Required Disclosures (3)

Lead-Based Paint Disclosure – Per federal law, this document must be given to all buyers of real estate if the residence was constructed prior to 1978.

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Property Disclosure Form – Also known as Form 08-4229. Prior to agreeing to an offer, the seller must provide the buyer with a completed form.[3]

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Real Estate Commission Consumer Pamphlet – Required to be authorized if a real estate agent is working with one of the parties.[4]

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