Terms Used In Alaska Statutes > Title 38 > Chapter 10 - Transfer of Tide and Submerged Land

• action: includes any matter or proceeding in a court, civil or criminal. See Alaska Statutes 01.10.060
• Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
• board: means the state Board of Education and Early Development. See Alaska Statutes 14.60.010
• Contemplation of death: The expectation of death that provides the primary motive to make a gift.
• Contract: A legal written agreement that becomes binding when signed.
• Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
• Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). ^{Source: OCC}
• Lien: A claim against real or personal property in satisfaction of a debt.
• municipality: means a political subdivision incorporated under the laws of the state that is a home rule or general law city, a home rule or general law borough, or a unified municipality. See Alaska Statutes 01.10.060
• property: includes real and personal property. See Alaska Statutes 01.10.060
• 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
• Tort: A civil wrong or breach of a duty to another person, as outlined by law. A very common tort is negligent operation of a motor vehicle that results in property damage and personal injury in an automobile accident.