Sec. 29.45.400. Redemption period.
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/ak/title-29/chapter-45/29-45-400A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Sec. 29.45.400. Redemption period.
Properties transferred to the municipality are held by the municipality for at least one year. During the redemption period a party having an interest in the property may redeem it by paying the lien amount plus penalties, interest, and costs, including all costs incurred under AS 29.45.440 (a). Property redeemed is subject to all accrued taxes, assessments, liens, and claims as though it had continued in private ownership. Only the amount applicable under the judgment and decree must be paid in order to redeem the property.