Land Use & ZoningIntermediateAlaska Exam
In Alaska, a plat must be recorded before:
AThe property can be listed on the MLS
BIndividual lots in a new subdivision can be legally soldCorrect
CA building permit can be issued on existing lots, in general
DA title search can be conducted
Why Individual lots in a new subdivision can be legally sold Is Correct
Answer B: Individual lots in a new subdivision can be legally sold
Subdivision plats must be approved by the appropriate local or state authority and recorded before individual lots can be legally conveyed to buyers, ensuring proper legal descriptions and infrastructure requirements are met.
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Key Terms to Know
Zoning
Local government regulations that control land use by dividing areas into zones specifying permitted uses, building sizes, and densities.
Adverse PossessionA doctrine by which a person can gain legal title to another's land by openly, continuously, and adversely occupying it for a statutory period.
Abstract of TitleA condensed history of a property's title, summarizing all recorded documents and encumbrances affecting it from the earliest record to the present.
Transfer TaxA tax imposed by state or local governments when real property ownership is transferred, typically based on the sale price.
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