(a) Except as provided in (c) of this section, in an action covered under AS 09.45.881 - 09.45.899, a claimant may recover only the following damages caused by a defect:
(1) the reasonable cost of repairs necessary to cure a defect, or actual damages that result from the construction defect, including reasonable and necessary engineering or consulting fees required to evaluate and cure the defect, that the construction professional is responsible for repairing;
(2) the reasonable expenses of temporary housing reasonably necessary during the repair period;
(3) the reduction in market value, if any, to the extent that the reduction is due to the defect; and
(4) reasonable and necessary attorney fees and costs.
(b) In an action under AS 09.45.881 - 09.45.899, a court shall deduct from the compensation awarded to a claimant any compensation paid to the claimant under a homeowner's warranty contract or a homeowner's insurance policy as compensation for the defects that are the subject of the action. The amount of this deduction does not include any compensation paid by the construction professional to the claimant to satisfy the claim, any compensation paid under an insurance policy issued to the construction professional to satisfy the claim, or any amount the claimant is required to repay under the terms of the homeowner's warranty contract or homeowner's insurance policy.
(c) Subsections (a) and (b) of this section do not apply if the defect was caused by gross negligence or reckless or intentional misconduct by the construction professional.
Structure Alaska Statutes
Title 9. Code of Civil Procedure
Chapter 45. Actions Relating to Real Property
Article 11. Action for Dwelling Design, Construction, or Remodeling Claims.
Sec. 09.45.881. Notice of claim.
Sec. 09.45.882. Written response to notice of claim.
Sec. 09.45.883. Court action allowed if claim disputed or not responded to.
Sec. 09.45.884. Consequence of rejecting inspection or settlement offer.
Sec. 09.45.885. Consequence of accepting inspection offer.
Sec. 09.45.886. Procedure after inspection.
Sec. 09.45.887. Court action allowed after failure to repair or to settle.
Sec. 09.45.888. Court action allowed if claimant rejects offer.
Sec. 09.45.889. Unreasonable rejection of offer.
Sec. 09.45.890. Acceptance of offer.
Sec. 09.45.891. Presumption of mitigation.
Sec. 09.45.892. Noncompliance assertion prohibited.
Sec. 09.45.893. Notice required in contract.
Sec. 09.45.894. Additional construction defects; additional notice of claim required.