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Homesteading ended on all federal lands on Oct. 21, 1986. The State of Alaska currently has no homesteading program for its lands. In 2012, the State made some state lands available for private ownership through two types of programs: sealed-bid auctions and remote recreation cabin sites.
Alaska has its own website where Alaskans or their family members can search for unclaimed property, unclaimedproperty.alaska.gov. If a relative can prove theyre the legal heir to the property theyre eligible to file a claim, Norman said.
All unclaimed funds paid into the court are deposited in the United States Treasury. Click here to access the U.S. Courts Unclaimed Funds Locator. Select AKB - District of Alaska from the court drop-down list and enter the applicable search criteria.
The law requires that each holder of abandoned property attempt to locate missing owners by sending a letter to the owners last known address where $100 or more is owing,(within 120 days) and to make an annual report to the Department of Revenue of those owners who do not respond to the letter.
Alaska Land Information LandWatch recently had $848 million of land listings for sale in Alaska. With thousands of properties and rural land for sale in the state, this comprises a combined 232,172 acres of land for sale in the state.
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Alaska Dormancy Periods Generally, most property types have a three-year dormancy period. Accounts are considered dormant if the owner of a property has not indicated any interest in the property or if no contact has been made for the allotted dormancy period for that property.
Homesteading has not been legal on federally managed lands in Alaska since Oct. 21, 1986, although it was legal for 88 years before that. Congress passed the original homestead law in 1862 to provide small farms to anyone over age 21, the head of a family, or to immigrants willing to become citizens.
Holders of unclaimed property must perform due diligence to show that they attempted to find the rightful owner of unclaimed property. For any balance greater than $100, written notice must be sent to the owners last known address within 120 days of the unclaimed property report filing.

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