Bristol Bay Borough Gift Deed Form

Bristol Bay Borough Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.

Bristol Bay Borough Gift Deed Guide
Line by line guide explaining every blank on the Gift Deed form.

Bristol Bay Borough Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
All 3 documents above included • One-time purchase • No recurring fees
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Additional Alaska and Bristol Bay Borough documents included at no extra charge:
Where to Record Your Documents
Anchorage Office (for Kvichak District)
Anchorage , Alaska 99501-3564
Hours: 8:00 to 3:30 M-F / Research from 7:30
Phone: (907) 269-8872 or 269-8876
Recording Tips for Bristol Bay Borough:
- Bring your driver's license or state-issued photo ID
- Avoid the last business day of the month when possible
- Bring multiple forms of payment in case one isn't accepted
- Verify the recording date if timing is critical for your transaction
Cities and Jurisdictions in Bristol Bay Borough
Properties in any of these areas use Bristol Bay Borough forms:
- King Salmon
- Naknek
- South Naknek
Hours, fees, requirements, and more for Bristol Bay Borough
How do I get my forms?
Forms are available for immediate download after payment. The Bristol Bay Borough forms will be in your account ready to download to your computer. An account is created for you during checkout if you don't have one. Forms are NOT emailed.
Are these forms guaranteed to be recordable in Bristol Bay Borough?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Bristol Bay Borough including margin requirements, content requirements, font and font size requirements.
Can I reuse these forms?
Yes. You can reuse the forms for your personal use. For example, if you have multiple properties in Bristol Bay Borough you only need to order once.
What do I need to use these forms?
The forms are PDFs that you fill out on your computer. You'll need Adobe Reader (free software that most computers already have). You do NOT enter your property information online - you download the blank forms and complete them privately on your own computer.
Are there any recurring fees?
No. This is a one-time purchase. Nothing to cancel, no memberships, no recurring fees.
How much does it cost to record in Bristol Bay Borough?
Recording fees in Bristol Bay Borough vary. Contact the recorder's office at (907) 269-8872 or 269-8876 for current fees.
Questions answered? Let's get started!
Gifts of Real Property in Alaska
Gift deeds convey title to real property from one party (the grantor or donor) to another (the grantee or donee) with no exchange of consideration, monetary or otherwise. Often used to transfer property between family members or to gift property as a charitable act or donation, these conveyances occur during the grantor's lifetime. It is important that a gift deed contain language that explicitly states that no consideration is expected or required. Ambiguous language, or references to any type of consideration, can make the gift deed contestable in court.
In Alaska, no covenants are implied in a conveyance of real property, even if the conveyance contains special covenants (AS 34-15-080). Any guarantees must meet statutory language as prescribed by AS 35-15-030.
A lawful gift deed includes the grantor's full name and marital status, as well as the grantee's full name, marital status, vesting, and mailing address. Vesting describes how the grantee holds title to the property. Generally, real property is owned in either sole ownership or in co-ownership. For Alaska residential property, the primary methods for holding title in co-ownership are tenancy in common and tenancy by entirety. A conveyance of real estate to two or more persons creates a tenancy in common (AS 34.15.110(a)). Tenancy by the entirety is only available to married couples and is the presumed vesting unless otherwise stated (AS 34.15.110(b)). When real estate is held as tenants by entirety, upon the death of either spouse, the survivor automatically obtains title to the share of the deceased spouse, free and clear of the claims of heirs and creditors of the deceased spouse.
As with any conveyance of realty, a gift deed requires a complete legal description of the parcel. In Alaska, at minimum, the legal description should include the section, township, range, and meridian designation, or (for subdivided property) the lot, block, and subdivision name or plat number of the parcel. Recite the source of title to establish a clear chain of title, and detail any restrictions associated with the property. The document must be signed and acknowledged by the grantor in the presence of two credible witnesses, one of which can be the notary (AS 34-15-210). Submit the deed, along with any additional materials, to the recorder's office of the recording district where the property is located. Contact the same office to verify accepted forms of payment.
With gifts of real property, the recipient of the gift (grantee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the grantee is responsible for paying the requisite state and federal income tax.
In Alaska, there is no state gift tax, but the gift remains subject to federal taxation. The person or entity making the gift (grantor) is responsible for paying this tax; however, if the donor does not pay the gift tax, the donee will be held liable.
In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that, if a gift is valued below $15,000, a federal gift tax return (Form 709) does not need to be filed. However, if the gift is something that could possibly be disputed by the IRS -- such as real property -- a donor may benefit from filing a Form 709.
This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact an Alaska lawyer with any questions about gift deeds or other issues related to the transfer of real property.
Important: Your property must be located in Bristol Bay Borough to use these forms. Documents should be recorded at the office below.
This Gift Deed meets all recording requirements specific to Bristol Bay Borough.
Our Promise
The documents you receive here will meet, or exceed, the Bristol Bay Borough recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Bristol Bay Borough Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
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