AK
The investor buys the property itself at sale. No redemption period usually follows, so title transfers directly.
Sale type
Tax deed
Redemption
12 mo
Interest / penalty
Flat rate · 15%
Sale timing
Varies
Rules in plain English
Sale type
Tax deed
The investor buys the property itself at sale. No redemption period usually follows, so title transfers directly.
Alaska Stat. 29.45.450
“Unredeemed property in the area of the borough outside all cities is deeded to the borough by the clerk of the court.”official source ↗
Redemption period
12 mo
12 months (1 year)
Alaska Stat. 29.45.400
“Properties transferred to the municipality are held by the municipality for at least one year.”official source ↗
Interest / penalty
Flat rate · 15%
A flat rate up to 15% per year.
Alaska Stat. 29.45.470
“interest not to exceed 15 percent a year from the date of entry of the judgment of foreclosure to the date of repurchase”official source ↗
Bid method
Not documented
Not documented
Alaska Stat. 29.45.390
“Foreclosed properties are transferred to the municipality for the lien amount.”official source ↗
Sale schedule
Varies
Sale timing varies by county.
Alaska Stat. 29.45.320
“The municipality shall enforce delinquent real property tax liens by annual foreclosure, unless otherwise provided by ordinance.”official source ↗
Bidder process
- 01The municipality enforces delinquent real property tax liens by annual foreclosure unless an ordinance provides otherwise (AS 29.45.320(a))
- 02The municipality presents a petition for judgment with a certified copy of the foreclosure list and publishes or posts the list for four consecutive weeks or at least 30 days (AS 29.45.330(a)(2))
- 03The owner or another interested person may clear the delinquency by paying the taxes, penalty, interest, and costs up to the time the property is transferred to the municipality (AS 29.45.340)
- 04The superior court enters judgment foreclosing the tax liens, and foreclosed properties are transferred to the municipality for the lien amount (AS 29.45.390(a))
- 05The municipality holds the property for at least one year, during which an interested party may redeem it by paying the lien amount plus penalties, interest, and costs (AS 29.45.400)
- 06After the redemption period expires, unredeemed property is deeded to the borough or city (AS 29.45.450(a))
- 07The municipality determines by ordinance whether to retain the property for a public purpose or to sell it; property not required for a public purpose may be sold (AS 29.45.460(a)-(b))
- 08The former record owner may repurchase the property within 10 years and before the municipality's sale or contract of sale (AS 29.45.470(a))
- Registration
- Not documented
- Registration mode
- Not documented
- Registration deadline
- Not documented
- Registration fee
- Not documented
- Deposit required
- Not documented
- Deposit amount
- Not documented
- Deposit percent
- Not documented
- Deposit refundable
- Not documented
- Sale format
- Not documented
- Payment deadline
- Not documented
- Payment methods
- unknown
- Residency required
- Not documented
Alaska Stat. 29.45.320(a)
“(a) The municipality shall enforce delinquent real property tax liens by annual foreclosure, unless otherwise provided by ordinance.”official source ↗
Alaska Stat. 29.45.330(a)(2)
“publish the foreclosure list for four consecutive weeks in a newspaper of general circulation distributed in the municipality or, if there is no newspaper of general circulation distributed in the municipality, post the list at three public places for at least 30 days;”official source ↗
Alaska Stat. 29.45.340
“During the publication or posting of the foreclosure list and up to the time of transfer to the municipality a person may pay the taxes, together with the penalty, interest, and costs.”official source ↗
Alaska Stat. 29.45.390(a)
“Foreclosed properties are transferred to the municipality for the lien amount.”official source ↗
Alaska Stat. 29.45.400
“Properties transferred to the municipality are held by the municipality for at least one year.”official source ↗
Alaska Stat. 29.45.450(a)
“Unredeemed property in the area of the borough outside all cities is deeded to the borough by the clerk of the court.”official source ↗
Alaska Stat. 29.45.460(b)
“Tax-foreclosed property conveyed to a municipality by tax foreclosure and not required for a public purpose may be sold.”official source ↗
Alaska Stat. 29.45.470(a)
“The record owner at the time of tax foreclosure of property acquired by a municipality, or the assigns of that record owner, may, within 10 years and before the sale or contract of sale of the tax-foreclosed property by the municipality, repurchase the property.”official source ↗
Notes
No statewide property tax; municipalities foreclose in rem. Unredeemed property is deeded to the borough/city (AS 29.45.450). | Prose: deed | repurchase interest not to exceed 15%/yr | 1 year | n/a - property deeded to the municipality; no competitive investor auction | varies by municipality