Alaska § 34.07.300 - Determination to be made by apartment owners if property destroyed.
Full text of Alaska Alaska Statutes § 34.07.300 — Determination to be made by apartment owners if property destroyed., with citation guidance and answers to common questions.
§ 34.07.300. Determination to be made by apartment owners if property destroyed.
If within 60 days of damage or destruction of all or part of the property it is not determined by a majority of all apartment owners to repair, reconstruct, or rebuild in accordance with the original plan, or by a unanimous vote of all apartment owners to do otherwise, then (1) the property shall be owned in common by the apartment owners;
(2) the undivided interest in the property owned in common that appertains to each apartment owner shall be the percentage of undivided interest previously owned by that owner in the common areas and facilities; and
(3) mortgages, deeds of trust, or liens affecting any of the apartments are transferred in accordance with the existing priorities to the percentage of the undivided interest of the apartment owner in the property.
Source: official Alaska text · Last verified 2026-08-27
Frequently Asked Questions About Alaska § 34.07.300
What does Alaska Statutes § 34.07.300 cover?
Section 34.07.300 ("Determination to be made by apartment owners if property destroyed.") is part of the Alaska Statutes, the codified statutory law of Alaska. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Alaska § 34.07.300?
A common citation format is "Alaska Statutes § 34.07.300" (Alaska). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Alaska law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Alaska official source linked on this page or consult a licensed Alaska attorney.
How does Alaska § 34.07.300 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Alaska can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Alaska.