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Alaska Rental Lease Agreements | Residential & Commercial

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The Alaska lease agreements, for residential and commercial use, is between a lessor that agrees to let a lessee use property for an amount paid on a periodic basis. All forms must be filled-in pursuant to the respective State Statutes (Title 34, Chapter 3). Once an agreement has been written and signed by both the lessee and lessor the document becomes legally binding for both parties.

Rental Application – It is recommended, although not required, to have the tenant be verified of their income and/or background before the landlord agrees to a rental agreement.

Table of Contents

Agreement Types


Commercial Lease Agreement – For the use of any type of business related property such as retail, office, and/or industrial.


Lease with Option to Purchase (Lease to Own) Agreement – A standard residential lease with the added benefit of having the power to purchase the property during an agreed upon option period.


Month to Month Lease Agreement (AS 34.03.290) – Known as a tenancy at will which allows either party to cancel the arrangement with at least thirty (30) days’ notice from either party.


Room Rental (Roommate) Agreement – To be signed by all the members of a shared living situation to establish the rules for common areas and payment(s) for utilities.


Standard Lease Agreement – Fixed arrangement of usually one (1) year but can be for any amount of time as agreed by the parties.


Sublease Agreement – A tenant may elect to have someone else move in and continue the lease under the arrangement that is current with the landlord.


Termination Lease Letter (§ 34-03.290) – Used to cancel a month to month agreement by sending through certified mail or serving the notice through another way legal in the State of Alaska.


Disclosures

Absence (§ 34.03.150) – The agreement must state that if the tenant leaves the property for more than seven (7) days that the landlord is to be notified.

Lead-Based Paint – Federal law requiring all housing units built prior to 1978 to issue this disclosure and brochure to new tenants.

Identification (§ 34.03.080) – The landlord must write the person(s) authorized to receive notices/demands by the tenant.

Withholding Security Deposit (§ 34.03.070) – If the landlord would like the option to withhold the security deposit for after the stay, for any reason, the terms must be stated.

Access

Access (§ 34.03.140) – Landlord must give at least twenty-four (24) hours notice to the tenant before entering the premises.

Security Deposits

Maximum Amount (§ 34.03.070) – The landlord can only charge a maximum amount of two (2) months’ rent unless the amount is more than two-thousand dollars ($2,000) under which this section is irrelevant.

Returning to Tenant (§ 34.03.070) – Fourteen (14) days if the tenant leaves on-time or gives proper termination. Thirty (30) days if the tenant did not give proper termination to the landlord.

Guides

(Video) What are the Alaska Rental Laws?


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