Alaska HOA & Condo Laws
How HOAs and condominium associations charge, collect, and enforce regular and special assessments. Covers dues billing, delinquency notices, late fees, lien filing, judicial and non-judicial foreclosure, statute of limitations, and …
Common Interest Ownership Act — Powers of Association →
Association may adopt and amend bylaws and rules; adopt and amend budgets for revenues, expenditures, and reserves; collect assessments; hire and discharge agents; initiate litigation; …
Common Interest Ownership Act — Assessments for Common Expenses →
Assessments made at least annually per the budget. Common expenses allocated per declaration. Past-due assessments bear interest up to 18% per year. Special assessments permitted …
Common Interest Ownership Act — Lien for Assessments →
Association has a lien on a unit from the time an assessment or fine becomes due. The lien is prior to all other liens except …
Common Interest Ownership Act — Resales of Units →
Requires unit owners to furnish purchasers with copies of the declaration, bylaws, rules, and a certificate disclosing 14 categories of information before contract execution or …
Board and owner meeting requirements — open meeting mandates, advance notice periods, agenda requirements, minimum owner comment periods, executive session limits, remote participation, and materials access rules.
Common Interest Ownership Act — Meetings →
Association must hold at least one meeting per year. Notice required not less than 10 nor more than 60 days in advance, delivered by hand …
Director elections, board member removal votes, governing document amendments, secret ballot requirements, quorum rules, proxy voting, electronic voting, and inspector of election requirements.
Common Interest Ownership Act — Executive Board Members and Officers →
Officers and board members must exercise the care required of fiduciaries of the unit owners. Board acts on behalf of the association except for declaration …
Association authority to enforce governing documents through fines, suspension of privileges, and legal action. Covers fine limits, hearing requirements, notice-and-opportunity procedures, and limitations on enforcement authority.
Common Interest Ownership Act — Powers of Association →
Association may adopt and amend bylaws and rules; adopt and amend budgets for revenues, expenditures, and reserves; collect assessments; hire and discharge agents; initiate litigation; …
Common Interest Ownership Act — Lien for Assessments →
Association has a lien on a unit from the time an assessment or fine becomes due. The lien is prior to all other liens except …
Resale certificate and transfer disclosure requirements at the time of unit sale. Covers disclosure timing, content, fee caps, delivery deadlines, buyer rescission rights, and association liability for inaccurate information.
Common Interest Ownership Act — Resales of Units →
Requires unit owners to furnish purchasers with copies of the declaration, bylaws, rules, and a certificate disclosing 14 categories of information before contract execution or …
Statutory insurance requirements for HOAs and condominiums — property insurance, liability coverage, directors and officers, fidelity bonds, flood insurance, and cyber liability. Coverage minimums, deductible assessments, and claims procedures.
Common Interest Ownership Act — Insurance →
Insurance requirements for common interest communities. Association must maintain property and liability insurance on common elements.
Common Interest Ownership Act — Resales of Units →
Requires unit owners to furnish purchasers with copies of the declaration, bylaws, rules, and a certificate disclosing 14 categories of information before contract execution or …
Board member fiduciary obligations — duty of care, duty of loyalty, business judgment rule, conflict of interest disclosure, and personal liability exposure. Statutory duties imposed on directors and officers of …
Common Interest Ownership Act — Powers of Association →
Association may adopt and amend bylaws and rules; adopt and amend budgets for revenues, expenditures, and reserves; collect assessments; hire and discharge agents; initiate litigation; …
Common Interest Ownership Act — Executive Board Members and Officers →
Officers and board members must exercise the care required of fiduciaries of the unit owners. Board acts on behalf of the association except for declaration …
The foundational documents governing common interest communities — declarations (CC&Rs), bylaws, articles of incorporation, rules and regulations, architectural guidelines, and resolutions. Document hierarchy, amendment procedures, and recording requirements.
Horizontal Property Regimes Act — Applicability →
Alaska's older condominium act. Applies only to condominiums whose owners voluntarily submitted property to the regime by recording a declaration before January 1, 1986. AS …
Common Interest Ownership Act — Applicability →
Applies to all common interest communities (condominiums, planned communities, cooperatives) created in Alaska after January 1, 1986. Supersedes the older Horizontal Property Regimes Act (AS …
Common Interest Ownership Act — Powers of Association →
Association may adopt and amend bylaws and rules; adopt and amend budgets for revenues, expenditures, and reserves; collect assessments; hire and discharge agents; initiate litigation; …
Assessment lien filing, priority, extinguishment, and foreclosure procedures. Minimum thresholds for foreclosure, pre-foreclosure notice requirements, mediation mandates, super-priority provisions, and the interaction between HOA liens and mortgage liens.
Common Interest Ownership Act — Lien for Assessments →
Association has a lien on a unit from the time an assessment or fine becomes due. The lien is prior to all other liens except …
The handoff from developer control to owner-controlled governance. Turnover requirements, document delivery obligations, transition audits, warranty periods, and developer liability for construction defects revealed after transition.
Common Interest Ownership Act — Transfer of Association Control →
Declarant must transfer control not more than 60 days after termination of declarant control. Requires independent inspection of common areas by a registered engineer, architect, …
Statute of limitations and statute of repose for construction defect claims. Right to repair acts, pre-litigation notice requirements, developer transition obligations, and warranty provisions applicable to common interest communities.
Statute of Repose — 10 Years →
10-year statute of repose from substantial completion of construction. Does not apply to claims resulting from intentional or reckless disregard of design plans, specifications, or …
Notice of Claim — Construction Defects →
Pre-litigation notice and right-to-cure regime for construction defect claims. Claimant must deliver written notice at least 90 days before filing a court action, describing the …
- Alaska community directory 21 associations
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