Alaska § 34.35.275 - Bona fide purchasers.
Full text of Alaska Alaska Statutes § 34.35.275 — Bona fide purchasers., with citation guidance and answers to common questions.
§ 34.35.275. Bona fide purchasers.
The court shall conclusively presume that a party purchasing the property liened upon within the 60 days given to claimants to record their liens is not an innocent third party and is not a bona fide owner of the property, unless it appears that (1) the purchaser has paid full value for the property; and
(2) the purchase money has been applied to the payment of the bona fide claims that are entitled to liens upon the property under AS 34.35.230 — 34.35.315 according to the priorities established in those sections.
Frequently Asked Questions About Alaska § 34.35.275
What does Alaska Statutes § 34.35.275 cover?
Section 34.35.275 ("Bona fide purchasers.") 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 § 34.35.275?
A common citation format is "Alaska Statutes § 34.35.275" (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 § 34.35.275 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.