A grantee is entitled to a statement from the manager or board of directors setting out the amount of the unpaid assessments against the grantor. The grantee is not liable for, nor is the apartment conveyed subject to a lien for, any unpaid assessments against the grantor in excess of the amount in the statement.
Structure Alaska Statutes
Chapter 07. Horizontal Property Regimes Act
Article 2. Apartment Ownership and Conveyancing.
Sec. 34.07.080. Apartment classified as real property.
Sec. 34.07.090. Apartment ownership and possession.
Sec. 34.07.120. Liability of grantee for unpaid common expenses at time of conveyance.
Sec. 34.07.140. Grantee entitled to statement of unpaid assessments.