Alaska - Kenai Peninsula Borough Gift Deed Forms

Included Forms

All Kenai Peninsula Borough specific forms and documents listed below are included in your immediate download package:

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Included Supplemental Documents

The Following Alaska and Kenai Peninsula Borough supplemental forms are included as a courtesy with your order.

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Certificate of Acknowledgment - Individual (Alaska Document)

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Residential Real Property Transfer Disclosure Statement (Alaska Document)

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Recording District Information (Alaska Document)

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Assessor Contact Information (Alaska Document)

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Certificate of Acknowledgment - Representative (Alaska Document)

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Municipality of Anchorage - Residential Property Tax Exemption Application (Alaska Document)

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Jurat (Alaska Document)

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Kenai owner (resident) of a permanent place of abode exemption (Alaska Document)

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Frequently Asked Questions:

• How long does it take to get my forms?
  • Forms are available immediately after submitting payment.
• What are supplemental forms?
  • Often when a deed is recorded additional documents are required by Alaska or Kenai Peninsula Borough. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
• How do I get my forms, are they emailed?
  • After you submit payment you will see a page listing the Kenai Peninsula Borough forms you ordered with a download link to the pdf form file. You download the forms to your computer. You will also receive an email with a link to your download page in case you need it later.
• What type of files are the forms?
  • All of our Kenai Peninsula Borough Gift Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
• Can the Gift Deed forms be re-used?
  • Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Kenai Peninsula Borough that you need to transfer you would only need to order our forms once for all of your properties in Kenai Peninsula Borough.
• Are these forms guaranteed to be recordable in Kenai Peninsula Borough ?
  • Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Kenai Peninsula Borough including margin requirements, content requirements, font and font size requirements.
• Do I have to enter all of my property information online?
  • No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
• Can I save the completed form, email it to someone?
  • Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
• Do I need any special software to use these forms?
  • You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
• Are there any recurring fees involved?
  • No. Nothing to cancel, no memberships, no recurring fees.

Areas covered by these Gift Deed Forms:

• Kenai Peninsula Borough

Including:

• Anchor Point
• Clam Gulch
• Cooper Landing
• Homer
• Hope
• Kasilof
• Kenai
• Moose Pass
• Nikiski
• Ninilchik
• Seldovia
• Seward
• Soldotna
• Sterling
• Tyonek

What is the Alaska Gift Deed?

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.

Our Promise

The documents you receive here will meet, or exceed, the Kenai Peninsula 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 Kenai Peninsula 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.

Customer Reviews:

4.8 out of 5 (3725 Reviews)

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September 30th, 2022

Name: Mark R.

Review: All documents were site specific and up-to-date. Not recorded yet but have high hopes.

Reply from Staff on September 30th, 2022

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September 30th, 2022

Name: curtice c.

Review: I bought the Transfer on Death Deed documents. Great product and the accompanying example and guides were great.

Reply from Staff on September 30th, 2022

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September 29th, 2022

Name: David M.

Review: Holy cow. I was told by several people that getting a deed recorded would take 7-10 days. So I thought I'd give deeds.com a try with their e-filing service. I created my account and submitted my deed around 4:00 p.m. and it was recorded before I woke up the next morning. Awesome service! Totally worth the $19 service fee.

Reply from Staff on September 29th, 2022

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Name: Leo b.

Review: Awesome site great paperwork EZ Forms great.

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Name: Pamela S.

Review: Great experience! Instructions are very clear and thorough. The completeness of the instructions really inspired confidence. Within minutes of uploading my document, I received a message that it had been prepared and submitted to the county for recording. Makes it so simple! Well worth it.

Reply from Staff

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Name: Constance F.

Review: Quick and easy download with instructions and a sample document to ensure conformity to the different jurisdictions.

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Name: Kathryn C.

Review: I truly appreciate you and you service for all you do to help me ThankYou kathrynchertock

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Name: Jo Ann M.

Review: Easy from the download to just fill out and print. Good instructions to follow. A cover letter form would be a extra plus

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Name: Robert S.

Review: Were unable to help me because of the recorders office but credited my account promptly

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Name: Mary G.

Review: Very easy process, handled quickly without complications. Excellent communication about status.

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Name: Josephine R.

Review: Completed, notarized, and recorded with no issues.

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Name: JACQUELINE R.

Review: We have been waiting for a Title Company to put a release of Lien together for the past 3 months. I figured it was taking way to long and decided to use template here instead. In less than hour I was able to add all the information on the template and provide forms to our Seller to use. We were buying and he didnt think they were necessary. But I refused to pay him in full until he agreed to sign papers at the bank, and of course in front of a notary. We turned around and filed the Release of lien paperwork at County Clerks office, we officially own our house. Thank you!

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Name: Kerrin S.

Review: Wow, this was so easy & helpful. I didn't get it finished in time for recording, so I'm still waiting on that part, but the rest was simple and straight-forward. Thanks!

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Name: Mary D.

Review: LOVE this site.. easy to use and very very quick to record

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Name: Gerald S.

Review: The paperwork for our transfer on death deed was easy to fill out and the county has excepted it for recording Very satisfied.

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