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- Alaska Statutes.
- Title 38. Public Land
- Chapter 5. Alaska Land Act
- Section 98. Senior Citizens Exemption.
previous: Section 97. Exemption From Rental Payments On Land Leased By Nonprofit Organizations.
next: Section 100. Renewal of Lease. [Repealed, Sec. 15 Ch 257 SLA 1976].
AS 38.05.098. Senior Citizens Exemption.
- (a) The real property occupied as a permanent place of abode by a resident 65 years of age or over and leased by that
resident from the state in accordance with AS 38.05.070
- 38.05.105 is exempt from the payment of annual
lease rent. Only one exemption may be granted for the same property, and, if two or more persons are eligible for an
exemption for the same property the parties shall decide between or among themselves which shall receive the benefit of
the exemption. An exemption may not be granted for a portion of the leased real property which is used for a purpose
other than as the permanent place of abode of the leaseholder.
- (b) An exemption may not be granted under this section unless a written application for the exemption on a form provided
for by the commissioner is submitted. The leaseholder must submit the application not later than 60 days before the
anniversary date of the lease, and shall file a separate application for each lease year for which the exemption is
sought. If an application is submitted within the required time and is approved by the commissioner, the commissioner
shall allow a rental exemption for the lease year commencing on the anniversary date. The commissioner may at any time
require proof of the right to an exemption claimed under this section.
Note to HTML Version:
This version of the Alaska Statutes is current through December, 2004. The Alaska Statutes were automatically converted to HTML from a plain text format. Every effort
has been made to ensure their accuracy, but this can not be guaranteed. If it is critical that the precise terms of the Alaska Statutes be known, it is recommended that more formal sources be consulted. For statutes adopted after the effective date of these statutes, see, Alaska State Legislature
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Last modified 9/3/2005