Alaska - Kenai Peninsula Borough Transfer on Death 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 Transfer on Death 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 Transfer on Death 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 Transfer on Death 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 Transfer on Death Deed?

Real property owners in Alaska have an estate planning option: the transfer on death deed (TODD). Find the full text in AS 13.48.

This statute is based on the Uniform Real Property Transfer on Death Act (URPTODA). By adopting the provisions of the URPTODA, Alaska joins with an increasing number of states using this law to help real estate owners manage the distribution of what is often their most significant asset -- their real estate -- by executing and recording a transfer on death deed.

Transfer on death deeds are nontestamentary, which means ownership of the property passes to the beneficiary without including it in a will or a need for probate (AS 13.48.030). Still, best practices dictate that landholders should take care to ensure that their wills and TODDs contain the same directions.

Alaska's version of the URPTODA sets out the specific requirements for lawful transfer on death deeds:

- The capacity required to make or revoke a transfer on death deed is the same as the capacity required to make a will (AS 13.48.040).

- It must contain the essential elements and formalities of a properly recordable inter vivos deed, such as warranty or quitclaim deed (AS 13.48.050(1)).

- It must state that the transfer to the designated beneficiary is to occur at the transferor's death (AS 13.48.050(2)).

- It may not use a beneficiary designation that only identifies beneficiaries as members of a class or the deed is void. (AS 13.48.050(3)).

- It must be recorded before the transferor's death in the office of the clerk of the county commission in the county where the property is located (AS 13.48.050 (4)).

The named beneficiary gains no present rights to the property, only a potential future interest. Instead, the transferors retain absolute control during their lives. This includes the freedom to sell or transfer it to someone else, and to modify or revoke the intended transfer on death (AS 13.48.080). These details, along with the fact that TODDs only convey the property rights remaining, if any, at the owner's death, explain why they do not require notice or consideration (AS 13.48.060).

According to AS 13.48.090, the beneficiary gains equitable interest in the property ONLY when the owner dies. Note, however, that the beneficiary must be alive at the time of the transferor's death or the interest returns to the estate. To prevent this from happening, the owner may identify one or more contingent beneficiaries. All beneficiaries take title subject to any obligations (contracts, easements, etc.) associated with the property when the transferor dies (AS 13.48.090(b)).

If a beneficiary is unable or unwilling to accept the transfer when the owner dies, AS 13.48.100 includes the option to disclaim all or part of the interest as provided under AS 13.70 (Uniform Disclaimer of Property Interests Act).

With these new transfer on death deeds, real property owners in Alaska gained access to a convenient, flexible tool for managing one aspect of a comprehensive estate plan. Even so, a TODD may not be appropriate for everyone. Since each situation is unique, contact an attorney with specific questions or for complex circumstances.

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 Transfer on Death 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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