Alaska · money left over after a tax-deed sale

You can claim it yourself, for free

Who holds it

The borough or city that took the property by tax foreclosure and sold it

How long

Claim within 6 months of the sale date, or it is forever barred

How you claim

The statute (AS 29.45.480(b)) gives the former record owner the excess only if the borough or city held the property less than 10 years after the redemption period ended and never designated it for a public purpose. After the borough or city sells the property, it must mail the former owner a notice of the excess. File a written claim on the municipality's form within 6 months of the sale.

If someone offers to do it for you

Checklist: Alaska, money left over after a tax-deed sale

Who holds it: The borough or city that took the property by tax foreclosure and sold it

How long: Claim within 6 months of the sale date, or it is forever barred

How you claim: The statute (AS 29.45.480(b)) gives the former record owner the excess only if the borough or city held the property less than 10 years after the redemption period ended and never designated it for a public purpose. After the borough or city sells the property, it must mail the former owner a notice of the excess. File a written claim on the municipality's form within 6 months of the sale.

Your deadline: ____________ (confirm it with the clerk)

Steps

  1. Watch for the municipality's excess-proceeds notice, or call its tax or delinquent accounts office after the sale.
  2. Fill out the municipality's excess proceeds claim form.
  3. Get it to the municipality within 6 months of the sale date (Kenai Peninsula Borough requires it to be received by then).

Documents

What it costs you

Not researched yet — ask the clerk

If someone offers to do it for you

Official links

Source: AS 29.45.480(b); AS 29.45.470; AS 29.45.480(a); AS 29.45.310(b); AS 29.45.320-29.45.390; AS 29.45.400; AS 29.45.440; AS 29.45.450(b); AS 29.45.460; AS 29.10.200(55). Researched, not yet checked by a lawyer; confirm with the clerk. Not legal advice.