Alaska § 34.15.105 - Transfer fee covenants prohibited.
Full text of Alaska Alaska Statutes § 34.15.105 — Transfer fee covenants prohibited., with citation guidance and answers to common questions.
§ 34.15.105. Transfer fee covenants prohibited.
(a) A document that conveys real estate may not include a provision that requires a subsequent grantee or grantor to pay a transfer fee to convey the real estate, except a document that conveys real estate may include a provision that requires a transfer fee if the fee is (1) a loan assumption fee or similar fee charged by a person holding a lien on the property; or
(2) a fee or commission paid to a licensed real estate broker for brokerage services.
(b) In this section, “transfer fee” does not include (1) a tax, assessment, fee, or charge imposed by a governmental authority;
(2) a recording fee;
(3) a fee payable to a nonprofit, mandatory homeowners' association, condominium association, or cooperative under an applicable declaration or covenant; or
(4) a fee payable to an organization described in 26 U.S.C. 501(c)(3) or (c)(4) (Internal Revenue Code) used exclusively for cultural, educational, charitable, recreational, environmental, conservation, or similar activities that benefit the real estate conveyed.
(c) A provision that violates this section is void.
Frequently Asked Questions About Alaska § 34.15.105
What does Alaska Statutes § 34.15.105 cover?
Section 34.15.105 ("Transfer fee covenants prohibited.") 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 § 34.15.105?
A common citation format is "Alaska Statutes § 34.15.105" (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 § 34.15.105 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.