States › Alaska
In Alaska, municipal tax collector's sell Alaska tax deeds to the winning bidder at the delinquent property tax sale.
Tax Sale Type: Tax Deed (Sec. 29.45.460 (b) 
)
Contact: Municipal clerk or clerk's designee (Sec. 29.45.460 (c) )
Interest Rate and/or Penalty Rate: Not applicable.
Bid Procedure: Not specified by statute.
Redemption Period: Not applicable.
Law: Alaska Statutes, Title 29, Chapter 45, Article 2, "Enforcement of Tax Liens."
Additional Notes:
Important: In Alaska, the municipality shall enforce delinquent real property tax liens by annual foreclosure (Sec. 29.45.320 ). Foreclosed properties are transferred to the municipality for the lien amount (Sec. 29.45.390 ).
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) (Sec. 29.45.400 ).
Foreclosure does not affect the former owner's right to possession during the redemption period (Sec. 29.45.430 ).
Unredeemed property is deeded to the municipality by the clerk of the court subject to the payment by the municipality of unpaid borough taxes and costs of foreclosure levied against the property before foreclosure. The deed shall be recorded in the recording district in which the property is located. Conveyance gives the municipality clear title, except for prior recorded tax liens of the United States and the state (Sec. 29.45.450 ).
The municipality shall determine by ordinance whether foreclosed property deeded to the municipality shall be retained for a public purpose. Tax foreclosed property conveyed to a municipality by tax foreclosure and not required for a public purpose may be sold (Sec. 29.45.460 ).
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