The Alaska Uniform Landlord and Tenant Act governs month-to-month lease agreements. According to §34.03.070, a landlord cannot charge more than two month’s rent as a security deposit. The landlord may keep the security deposit for damages to the rental real estate that exceed normal wear and tear, nonpayment of rent, or noncompliance with the residential lease agreement. If the landlord keeps some or all of the security deposit, they must provide the renter with an itemized receipt. The landlord must return the security deposit to the renter within 30 days of moving out.
Landlords and property managers must understand state laws, city and town laws, and federal laws. Alaska laws can be complex. It is wise to seek legal advice to understand how to protect your rights and to understand your obligations as a property owner before entering into a rental lease agreement in the State of Alaska.
According to §34.03.290, the notice period for lease termination for an Alaska month-to-month lease agreement is 30 days. For it to be a proper notice, the 30-day notice must be a written notice.