An Alaska lease agreement creates a legally binding relationship between you (the landlord) and your tenant. You agree to rent all (or some of) your property for a fee, and in return, the tenant agrees to the terms and conditions you lay out in the document.
Landlords in Alaska are required by law to include essential details in their lease agreements, such as the amount of rent and security deposit due, payment dates and methods, any known health hazards or risks, and whether pets are allowed on the property.
Rent Control: No.
Limit on Late Fees: No.
Late Fees in Rental Agreement: Yes.
Grace Period: No.
License Required for Landlord: Yes.
Required Lease Disclosures
Alaska has specific requirements for landlords and tenants when entering a lease agreement (Alaska Statutes, Title 34):
- Disclosure of Lea-Based Hazards: Alaska landlords of any building constructed before 1978 must notify all tenants of the potential existence of lead-based hazards (Title 42 U.S. Code § 4852(d)).
- Landlord’s option to withhold security deposits for specific reasons.
- Notice to the landlord for tenant absence from the unit for more than seven days.
- Name and address of the owner of the property and the person authorized to manage the premises.
A landlord can collect up to two months’ rent for a security deposit from a tenant unless the monthly rent is greater than $2,000. If there’s no damage to the property, and the tenant has provided proper notice to vacate, a landlord must return a tenant’s security deposit within 14 days of the end of the lease. Otherwise, a landlord may return the remaining security deposit within 30 days (§ 34.03.070).
Landlord Right of Entry
A landlord must provide a tenant one day’s advance notice before entering the rental property and only enter at reasonable times (§ 34.03.140).
Small Claims Court
The limit a landlord or tenant can sue for in Alaska small claims court is up to $10,000 and the duration is up to four months.
Below you can download an Alaska lease agreement template in PDF or Word format.