(a) A sale of real property heretofore or hereafter made by an executor, administrator, or guardian is sufficient to sustain an executor’s, administrator’s, or guardian’s deed to the purchaser for the real property when

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Terms Used In Alaska Statutes 34.25.050

  • Decedent: A deceased person.
  • Deed: The legal instrument used to transfer title in real property from one person to another.
  • Executor: A male person named in a will to carry out the decedent
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • person: includes a corporation, company, partnership, firm, association, organization, business trust, or society, as well as a natural person. See Alaska Statutes 01.10.060
  • property: includes real and personal property. See Alaska Statutes 01.10.060
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • state: means the State of Alaska unless applied to the different parts of the United States and in the latter case it includes the District of Columbia and the territories. See Alaska Statutes 01.10.060
(1) made of the decedent‘s, ward’s, or incompetent person‘s real property in the state to a purchaser for a valuable consideration;
(2) the consideration is paid by the purchaser to the executor, administrator, or guardian, or the successor of the executor, administrator, or guardian, in good faith; and
(3) the sale is not set aside by the court, but is confirmed or acquiesced in by the court.
(b) If the deed is not given, a sale that satisfies the conditions of (a) of this section entitles the purchaser to the deed.
(c) The deed is sufficient to convey to the purchaser all the title that the decedent, ward, or incompetent had in the real property.
(d) All defects or irregularities in estate or court proceedings, in obtaining the order of the court for the sale, and in the making or conducting of the sale by the executor, administrator, or guardian shall be disregarded if no suit is filed in a court of record in the judicial district in which the real property affected by the deed is located within 10 years from the date of the deed, to have the deed set aside, altered or otherwise changed, or reformed.