Property Ownership
In Alaska, 'real property' includes all of the following EXCEPT:
ALand and everything permanently attached to it
BGrowing crops that are part of an annual harvest✓ Correct
CSubsurface mineral rights
DAir rights above the land
Explanation
Growing crops (emblements) that result from annual cultivation are generally treated as personal property, not real property, and can be sold separately from the land. However, trees and perennial plants attached to the land are generally real property.
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Key Terms to Know
Deed
A written legal instrument used to transfer ownership of real property from one party (grantor) to another (grantee).
EasementA non-possessory right to use another person's land for a specific purpose.
EncumbranceAny claim, lien, charge, or liability attached to real property that affects its value or limits its use.
LienA financial claim against a property that serves as security for a debt or obligation, giving the creditor the right to foreclose if unpaid.
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