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- Alaska Statutes.
- Title 13. Decedents' Estates, Guardianships, Transfers, and Trusts.
- Chapter 41. Uniform Disposition of Community Property Rights at Death
- Section 30. Purchaser For Value or Lender.
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Section 25. Perfection of Title of Personal Representative, Heir, or Devisee.
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Section 35. Creditor's Rights.
AS 13.41.030. Purchaser For Value or Lender.
(a) If a surviving spouse has apparent title to property to which this chapter applies, a purchaser for value or a lender taking a
security interest in the property takes the interest in the property free of any rights of the personal representative or an heir or
devisee of the decedent.
(b) If a personal representative or an heir or devisee of the decedent has apparent title to property to which this chapter applies, a
purchaser for value or a lender taking a security interest in the property takes the interest in the property free of any rights of the
surviving spouse.
(c) A purchaser for value or a lender need not inquire whether a vendor or borrower acted properly.
(d) The proceeds of a sale or creation of a security interest shall be treated in the same manner as the property transferred to the
purchaser for value or a lender.
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