(a) A document that conveys real estate may not include a provision that requires a subsequent grantee or grantor to pay a transfer fee to convey the real estate, except a document that conveys real estate may include a provision that requires a transfer fee if the fee is
(1) a loan assumption fee or similar fee charged by a person holding a lien on the property; or
(2) a fee or commission paid to a licensed real estate broker for brokerage services.
(b) In this section, “transfer fee” does not include
(1) a tax, assessment, fee, or charge imposed by a governmental authority;
(2) a recording fee;
(3) a fee payable to a nonprofit, mandatory homeowners' association, condominium association, or cooperative under an applicable declaration or covenant; or
(4) a fee payable to an organization described in 26 U.S.C. 501(c)(3) or (c)(4) (Internal Revenue Code) used exclusively for cultural, educational, charitable, recreational, environmental, conservation, or similar activities that benefit the real estate conveyed.
(c) A provision that violates this section is void.
Structure Alaska Statutes
Sec. 34.15.010. Manner of executing conveyances.
Sec. 34.15.015. Use of recorded master form.
Sec. 34.15.030. Form of warranty deed.
Sec. 34.15.040. Form of quitclaim deed.
Sec. 34.15.050. Effect of quitclaim.
Sec. 34.15.060. Passage of fee.
Sec. 34.15.070. Passage of grantor's entire estate.
Sec. 34.15.075. Receipt of after-acquired title or interest.
Sec. 34.15.080. Covenants not implied.
Sec. 34.15.090. Covenant not implied in mortgage.
Sec. 34.15.100. Conveyance of lands held adversely.
Sec. 34.15.105. Transfer fee covenants prohibited.
Sec. 34.15.110. Conveyances construed as creating tenancy in common.
Sec. 34.15.120. Remedy of tenant in common.
Sec. 34.15.130. Joint tenancy abolished.