The Alaska purchase agreement allows a buyer to submit an offer to the seller. It will be considered a legally-binding contract if both parties agree to the sale price and contingencies. The contract typically includes an earnest money deposit sent to the real estate agent’s escrow account upon acceptance.
Required Disclosures
Lead-Based Paint Disclosure (42 U.S. Code § 4852d) – It’s required the seller provide this form completed to any prospective buyer at the time an offer is presented on the property.
Property Disclosure (Form 08-4299) (AS 34.70.010 – 34.70.200) – Seller must provide this form before accepting an offer or agreeing to a purchase agreement.
Real Estate Agent Disclosure – Required to be signed by the buyer or seller if they have hired a real estate agent.
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