(a) An apartment and its undivided interest in the common areas and facilities are a parcel and it is subject to separate assessments and taxation by each assessing unit for all types of taxes authorized by law including special ad valorem levies and special assessments. A building, property, or any of the common areas and facilities may not be a security or a parcel for any purpose.
(b) Nothing in this chapter detracts from or limits the powers and duties of any assessing or taxing unit or official otherwise granted or imposed by law or regulation.
Structure Alaska Statutes
Chapter 07. Horizontal Property Regimes Act
Article 6. Miscellaneous Provisions.
Sec. 34.07.360. Strict compliance with bylaws by apartment owner necessary.
Sec. 34.07.380. Common profits and expenses shared by apartment owners.
Sec. 34.07.390. Persons subject to this chapter.
Sec. 34.07.400. Insurance of property.
Sec. 34.07.410. Liens against property, apartments, common areas, and facilities.
Sec. 34.07.420. Removal of lien against two or more apartments.
Sec. 34.07.430. Assessment and taxation of apartments.
Sec. 34.07.440. Interpretation of local ordinances, resolutions, or zoning laws.