An Alaska standard lease agreement is a legal document that outlines the terms and conditions of a residential lease for a fixed term. It covers property details, lease duration, financial arrangements, maintenance obligations, pet policies, termination clauses, and necessary legal disclosures.
Utilities are also addressed within the lease agreement. It delineates which utilities are the tenant’s responsibility and which are covered by the landlord, ensuring transparency and preventing misunderstandings.
Considerations on Lease Length
- The typical lease duration is 12 months. Nonetheless, the lease can be for a longer or shorter period, provided that the specific term is explicitly outlined in the lease agreement (AS 34.03.030).
- If the rental agreement does not establish a specific duration, the tenancy will be week-to-week for tenants paying weekly rent and month-to-month for all other cases (AS 34.03.020(d)).
- Oral leases typically cannot extend beyond one year in duration.
Security Deposit
- Maximum Amount ($): Two months’ rent (AS 34.03.070(a))
- Returning to Tenant: Within 14 days (AS 34.03.070(g))
Rent Grace Period
There is no rent grace period in Alaska. Rent is due as mentioned in the lease. (AS 34.03.020(c))
Landlord Resources
- Landlord-Tenant Laws – Uniform Residential Landlord and Tenant Act (AS 34.03).
- Handbook – The Alaska Landlord & Tenant Act: What it Means to You.
