- Alaska Statutes.
- Title 34. Property
- Chapter 8. Common Interest Ownership
- Section 90. Creation of Common Interest Communities.
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. Applicability to Out-of-State Common Interest Communities.
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. Unit Boundaries.
AS 34.08.090. Creation of Common Interest Communities.
- (a) A common interest community may be created under this chapter only by recording a declaration executed in the same
manner as a deed and, in a cooperative, by conveying the real estate subject to the declaration to the association.
The declaration must be recorded, and a plat or plan that is part of the declaration filed and recorded, in each
recording district in which a portion of the common interest community is located and must be indexed in the grantee's
index in the name of the common interest community and the association and in the grantor's index in the name of each
person executing the declaration.
- (b) In a condominium, a declaration or an amendment to a declaration that adds a unit may not be recorded, and a plat or
plan that is part of the declaration may not be filed or recorded, unless the structural components and mechanical
systems of each building containing or comprising a unit of the condominium are completed substantially in accordance
with the plans, as evidenced by a certificate of completion recorded with the declaration or amendment to the
declaration and executed by
- (1) an independent registered engineer, architect, or land surveyor;
- (2) an appraiser with the designation of senior residential appraiser, senior real property appraiser, or senior real
estate analyst of the Society of Real Estate Appraisers;
- (3) a residential member, or member of the appraisal institute, of the American Institute of Real Estate Appraisers; or
- (4) an individual with a designation established by regulation of the Alaska Housing Finance Corporation for fee
appraisers who certify the completion of construction.
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