11 AAC 06.040 - Prerequisites for recording documents
(a) An original
document or an electronic document is entitled to be recorded if
(1) it is of the type identified in
AS
40.17.110;
(2) it is in compliance with
AS
40.17.030;
(3) it meets one of the following format
requirements, except that a UCC fixture statement recorded in a recording
district need not conform to these requirements:
(A) it contains margins and a font size that
conform to the following minimum requirements:
(i) at least two inches of blank space across
the top of the first page of the document;
(ii) at least one-inch margins on the
remainder of the first page and on all other pages of the document;
(iii) type size no smaller than 10-point
font;
(B) for original
documents only, it is a nonstandard document and is accompanied by an
additional fee for nonstandard documents as set out in 11 AAC 05.200; for
purposes of this subparagraph, a document
(i)
is a nonstandard document if it does not substantially meet the margin
requirements in (A)(i) and (ii) of this paragraph, but meets all other
requirements to be eligible for recording; and
(ii) does not substantially meet the margin
requirements in (A)(i) and (ii) of this paragraph if a substantial portion of
the document exceeds those requirements, or if any portion of the document
exceeds those requirements by more than one-half inch;
(4) it is accompanied by the fee
for recording set out in 11 AAC 05.200;
(5) it contains a title reflecting the
overall intent of the document;
(6)
the information required for indexing is in English;
(7) for a document on which a legal
description is present, that description is complete enough that a particular
parcel can be geographically located and identified; a legal description is
sufficient for purposes of recording if it contains, at a minimum, a section,
township, range, and meridian designation of the parcel or, in the case of
subdivided property, the
(A) lot and block of
the parcel; and
(B) subdivision
name or plat number of the parcel;
(8) it contains the legibly printed or typed
names of all parties required to be indexed;
(9) it contains the recording book and page
or serial number information of the original document that any amendment,
correction, extension, modification, assignment, or release, partial or full,
affects;
(10) it is submitted on
opaque white paper stock not larger than 81/2 x 14 inches, or, if the document
is a plat of survey, subdivision plat, or record of survey, is submitted on
biaxially oriented polyester film that does not exceed 32 x 36 inches; the
biaxially oriented polyester film used must be of archive quality; for
documents authorized to be submitted by electronic means, the electronic
version of the document must appear to comply substantially with this
requirement;
(11) it contains
original signatures except that a UCC fixture statement recorded in a recording
district on or after August 23, 2001 may be submitted without an original
signature of the debtor;
(12) it
contains the name of the recording district in which it is to be entered into
the public record; and
(13) in the
case of an electronic document, it is a document that is authorized to be
submitted electronically, it is submitted electronically by a person with
authority to submit electronic documents under (g) of this section, and it
otherwise complies with AS 40.17, the requirements of this chapter, and the
Memorandum of Agreement Regarding Electronic Recordingsigned
in accordance with (g) of this section.
(b) A certified copy of a document is
entitled to be recorded if the certified copy complies with
AS
40.17.030(b).
(c) An original document that is otherwise
recordable on its own may not be submitted as an attachment to any other
document.
(d) Repealed
1/17/90.
(e) It is the
responsibility of the person submitting a document for recording to ensure that
the prerequisites for recording as established by this section and by statute
are met.
(f) If the document
submitted for recordation is a plat of survey, subdivision plat, or record of
survey, it becomes the property of the state after recording.
(g) Upon execution of the department's form
Memorandum of Agreement Regarding Electronic Recording,
Version 1 (07/2009), which is adopted by reference, the following persons may
submit documents electronically for recording with a district recorder that
accepts electronic recordings, so long as the original documents and the
electronic documents comply with the requirements of AS 40.17, this chapter,
and the Memorandum of Agreement:
(1) an attorney licensed in the
state;
(2) a bank, savings and loan
association, savings bank, or credit union doing business under laws of the
United States or the state;
(3) a
federally chartered lending institution, a federal government-sponsored entity,
an instrumentality of the federal government, or a person approved as a
mortgagee by the United States to make federally insured loans;
(4) a person authorized to make regulated
loans in the state;
(5) a title
insurance company or title insurance agent authorized to do business in the
state;
(6) an agency of the
state;
(7) municipalities,
boroughs, cities, or towns within the state;
(8) a provider of electronic document
recording services who is authorized to do business in the state.
Notes
Authority:AS 09.80.020
AS 09.80.150
AS 40.15.010
AS 40.17.030
AS 40.17.110
AS 44.37.025
AS 45.29.502
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