Lake And Peninsula Borough Gift Deed Form (Alaska)
All Lake And Peninsula Borough specific forms and documents listed below are included in your immediate download package:
Gift Deed Form
Fill in the blank form formatted to comply with all recording and content requirements.
Included Lake And Peninsula Borough compliant document last validated/updated 9/25/2024
Gift Deed Guide
Line by line guide explaining every blank on the Gift Deed form.
Included Lake And Peninsula Borough compliant document last validated/updated 9/19/2024
Completed Example of the Gift Deed Document
Example of a properly completed form for reference.
Included Lake And Peninsula Borough compliant document last validated/updated 8/1/2024
The following Alaska and Lake And Peninsula Borough supplemental forms are included as a courtesy with your order:
When using these Gift Deed forms, the subject real estate must be physically located in Lake And Peninsula Borough. The executed documents should then be recorded in the following office:
Anchorage Office (for Iliamna, Kvichak, Kodiak & Aleutian Islands District)
550 West 7th Ave, Suite 1200, Anchorage , Alaska 99501-3564
Hours: 8:00 to 3:30 M-F / Research from 7:30
Phone: (907) 269-8872 or 269-8876
Local jurisdictions located in Lake And Peninsula Borough include:
- Chignik
- Chignik Lagoon
- Chignik Lake
- Egegik
- Iliamna
- Levelock
- Nondalton
- Pedro Bay
- Perryville
- Pilot Point
- Port Alsworth
- Port Heiden
How long does it take to get my forms?
Forms are available immediately after submitting payment.
How do I get my forms, are they emailed?
Immediately after you submit payment, the Lake And Peninsula Borough forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.
What does "validated/updated" mean?
This indicates the most recent date when at least one of the following occurred:
- Updated: The document was updated or changed to remain compliant.
- Validated: The document was examined by an attorney or staff, or it was successfully recorded in Lake And Peninsula Borough using our eRecording service.
Are these forms guaranteed to be recordable in Lake And Peninsula Borough?
Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lake And Peninsula Borough including margin requirements, content requirements, font and font size requirements.
Can the Gift Deed forms be re-used?
Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Lake And Peninsula Borough that you need to transfer you would only need to order our forms once for all of your properties in Lake And Peninsula Borough.
What are supplemental forms?
Often when a deed is recorded, additional documents are required by Alaska or Lake And Peninsula Borough. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.
What type of files are the forms?
All of our Lake And Peninsula Borough Gift Deed forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.
Do I need any special software to use these forms?
You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.
Do I have to enter all of my property information online?
No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.
Can I save the completed form, email it to someone?
Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.
Are there any recurring fees involved?
No. Nothing to cancel, no memberships, no recurring fees.
Gifts of Real Property in Alaska
Gift deeds convey title to real property from one party (the grantor or donor) to another (the grantee or donee) with no exchange of consideration, monetary or otherwise. Often used to transfer property between family members or to gift property as a charitable act or donation, these conveyances occur during the grantor's lifetime. It is important that a gift deed contain language that explicitly states that no consideration is expected or required. Ambiguous language, or references to any type of consideration, can make the gift deed contestable in court.
In Alaska, no covenants are implied in a conveyance of real property, even if the conveyance contains special covenants (AS 34-15-080). Any guarantees must meet statutory language as prescribed by AS 35-15-030.
A lawful gift deed includes the grantor's full name and marital status, as well as the grantee's full name, marital status, vesting, and mailing address. Vesting describes how the grantee holds title to the property. Generally, real property is owned in either sole ownership or in co-ownership. For Alaska residential property, the primary methods for holding title in co-ownership are tenancy in common and tenancy by entirety. A conveyance of real estate to two or more persons creates a tenancy in common (AS 34.15.110(a)). Tenancy by the entirety is only available to married couples and is the presumed vesting unless otherwise stated (AS 34.15.110(b)). When real estate is held as tenants by entirety, upon the death of either spouse, the survivor automatically obtains title to the share of the deceased spouse, free and clear of the claims of heirs and creditors of the deceased spouse.
As with any conveyance of realty, a gift deed requires a complete legal description of the parcel. In Alaska, at minimum, the legal description should include the section, township, range, and meridian designation, or (for subdivided property) the lot, block, and subdivision name or plat number of the parcel. Recite the source of title to establish a clear chain of title, and detail any restrictions associated with the property. The document must be signed and acknowledged by the grantor in the presence of two credible witnesses, one of which can be the notary (AS 34-15-210). Submit the deed, along with any additional materials, to the recorder's office of the recording district where the property is located. Contact the same office to verify accepted forms of payment.
With gifts of real property, the recipient of the gift (grantee) is not required to declare the amount of the gift as income, but if the property accrues income after the transaction, the grantee is responsible for paying the requisite state and federal income tax.
In Alaska, there is no state gift tax, but the gift remains subject to federal taxation. The person or entity making the gift (grantor) is responsible for paying this tax; however, if the donor does not pay the gift tax, the donee will be held liable.
In accordance with federal law, individuals are permitted an annual exclusion of $15,000 on gifts. This means that, if a gift is valued below $15,000, a federal gift tax return (Form 709) does not need to be filed. However, if the gift is something that could possibly be disputed by the IRS -- such as real property -- a donor may benefit from filing a Form 709.
This article is provided for informational purposes only and is not a substitute for the advice of an attorney. Contact an Alaska lawyer with any questions about gift deeds or other issues related to the transfer of real property.
Our Promise
The documents you receive here will meet, or exceed, the Lake And Peninsula Borough recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.
Save Time and Money
Get your Lake And Peninsula Borough Gift Deed form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.
4.8 out of 5 - ( 4399 Reviews )
Felincia L.
September 28th, 2024
The process was fast and efficient. I did get a bit confused after entering info for my package but soon realized I had completed this part of the process and only needed to leave the page and wait for review of the document and then the invoice. It was pretty simple. After payment of the invoice I was notified that the document had been submitted. A few hours later I received notice that the document was recorded by the city. It was fast!
We are motivated by your feedback to continue delivering excellence. Thank you!
HEATHER M.
September 27th, 2024
The guide I needed was very easy to understand and the template was easy to complete. I had a property attorney review the deed before I had it registered and she was impressed. She said she couldn't have written it better herself! Definitely worth the money instead of paying high dollar attorney fees for a simple task.
Your feedback is greatly appreciated. Thank you for taking the time to share your experience!
Linda D.
September 23rd, 2024
very efficient and easy to use online platform. I reviewed several different sites before I settle on this one. Took my deed to the courthouse today and recorded it with no problems.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Heather R.
May 31st, 2019
Fast and convenient service.
Thank you Heather, we appreciate your feedback.
A. S.
February 27th, 2019
First, I am glad that you gave a blank copy, an example copy, and a 'guide'. It made it much easier to do. Overall I was very happy with your products and organization... however, things got pretty confusing and I have a pretty 'serious' law background in Real Estate and Civil law. With that said, I spent about 10+ hours getting my work done, using the Deed of Trust and Promissory note from you and there were a few problems: First, it would be FANTASTIC if you actually aligned your guide to actually match the Deed or Promissory Note. What I mean is that if the Deed says 'section (E)' then your guide shouldn't be 'randomly' numbered as 1,2,3, for advice/instructions, but should EXACTLY match 'section (E)'. Some places you have to 'hunt' for what you are looking for, and if you did it based on my suggestion, you wouldn't need to 'hunt' and it would avoid confusion. 2nd: This one really 'hurt'... you had something called the 'Deed of Trust Master Form' yet you had basically no information on what it was or how to use it. The only information you had was a small section at the top of the 'Short Form Deed of Trust Guide'. Holy Cow, was that 'section' super confusing. I still don't know if I did it correctly, but your guide says only put a return address on it and leave the rest of the 16 or so page Deed of Trust beneath it blank... and then include your 'Deed of Trust' (I had to assume the short form deed that I had just created) as part of it. I had to assume that I had to print off the entire 17 page or so title page and blank deed. I also had to assume that the promissory note was supposed to be EXHIBIT A or B on the Short Form Deed. It would be great if someone would take a serious look at that short section in your 'Short Form Deed of Trust Guide' and realize that those of us using your products are seriously turning this into a county clerk to file and that most of us, probably already have a property that has an existing Deed... or at least can find one in the county records if necessary... and make sure that you make a distinction between the Deed for the property that already exists, versus the Deed of Trust and Promissory note that we are trying to file. Thanks.
Thank you for your feedback. We'll have staff review the document for clarity. Have a great day!
Tim H.
July 30th, 2019
Found the service useful and straightforward. The only recommendation would be to send an e-mail notification to the request or when their package is ready for download. Mine, apparently, was ready within and hour or so after placing the request but did not go back onto the site until a day later to find it was ready.
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Rosalinda R.
January 4th, 2023
THESE FORMS ARE JUST WHAT I NEEDED, SHORT AND TO THE POINT. EXCELLENT QUESTIONS FOR MY NEED. THAK YOU!!!!
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harry S.
March 3rd, 2022
Just created account. Very easily done. have not recorded anything yet. Hope to do so soon.
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Jerry K G.
August 23rd, 2022
I got what I asked for, almost instantly.
Thank you!
Chase J.
June 2nd, 2022
This is the best service. It has made my life so easy when I have to record things with the county! Thanks so much for such a streamlined no hassle process.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!
Margo W.
June 11th, 2022
Very easy to understand and complete the process. This is the third attempt to download a Quit Claim Deed and the only one we had success with. Thank you.
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Byron G.
June 23rd, 2022
So easy to use. Would recommend.
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Elaine S.
April 19th, 2021
Being new at this, the system was somewhat difficult to understand at first. It took a couple of tries before I got it. It seems to be somewhat slow as well. However, it's a wonderful idea to have documents recorded from the comfort of your home, especially in the times that we are in with COVID19. I definitely don't mind paying the fee which I thought was reasonable.
Thank you!
CINDY P.
July 30th, 2019
Such any easy process! Thank you!
Thank you Cindy, we appreciate your feedback.
Katherine W.
January 24th, 2019
I was impressed by the completeness of the package of forms PLUS instructions. Particularly helpful is the filled in sample, which enables you to see what a correct, completed deed ought to look like.
We appreciate your business and value your feedback. Thank you. Have a wonderful day!