Free Alaska Cash for Keys Agreement Template

Last reviewed September 2026

Written by LawLease Editorial

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Alaska Cash for Keys Agreement

This Cash for Keys Agreement is built with Alaska as the governing state. These are the Alaska landlord-tenant rules that most often bear on it, with the statute for each.

Alaska rules at a glance

Alaska rules for a Cash for Keys Agreement
Security deposit limit	2 months’ rent (cap doesn’t apply where rent exceeds $2,000/month)AS 34.03.070(a)
Pet deposit	Up to 1 additional month’s rent; none for a service animalAS 34.03.070(h)
Deposit return	14 days if the tenant gave proper notice (30 if deducting for damage) · 30 days if notAS 34.03.070(g)
Itemized deductions	Deductions are limited to accrued rent and damage beyond normal wear and tear, and must be itemized in a written notice mailed to the tenant’s last known address (AS 34.03.070(b)).
Month-to-month termination	30 days’ written notice before the rent due dateAS 34.03.290(b)
Nonpayment notice	7 days to pay in fullAS 34.03.220(b)

Security deposits in Alaska

Alaska limits the security deposit plus any prepaid rent to two months’ periodic rent (AS 34.03.070(a)). The cap has a carve-out found almost nowhere else: it simply doesn’t apply when the monthly rent exceeds $2,000.

Pet deposit — On top of the regular deposit, a landlord may take a separate pet deposit of up to one month’s rent, usable only for pet damage. It can’t be charged for a service animal (AS 34.03.070(h)).
Held in trust — Deposits must be placed, wherever practicable, in a trust account with a bank, savings and loan, or licensed escrow agent, and may not be commingled with the landlord’s own funds (AS 34.03.070(c)).
Itemized deductions — Deductions are limited to accrued rent and damage beyond normal wear and tear, and must be itemized in a written notice mailed to the tenant’s last known address (AS 34.03.070(b)).
Return deadline — If the tenant gave proper notice to end the tenancy, the refund is due within 14 days — or 30 days where the landlord deducts for damage. If the tenant didn’t give proper notice, the landlord has 30 days after termination, surrender, or discovering abandonment (AS 34.03.070(g)).
Penalty — A landlord who wilfully fails to follow the itemization and refund rules can be ordered to pay up to twice the amount withheld (AS 34.03.070(d)).

Ending an Alaska tenancy

Either side can end a periodic tenancy with written notice. Alaska’s week-to-week notice period is 14 days — longer than in many states.

Notice to end an Alaska tenancy with no fixed term (AS 34.03.290)
Week-to-week	14 days (while rent is current)
Month-to-month	30 days before the rent due date

Nonpayment of rent — After written notice, the tenant has 7 days to pay in full; otherwise the landlord may terminate and seek possession (AS 34.03.220(b)).
Lease violations — A material breach gets a 10-day notice to cure or quit. If substantially the same breach recurs within six months, the landlord can terminate on 5 days’ notice with no second chance to cure (AS 34.03.220(a)(2)).
Serious damage or illegal activity — Deliberate damage over $400, or specified illegal activity on the premises, supports a notice to quit of 24 hours to 5 days (AS 34.03.220(a)(1)).
Holdover — A willful, bad-faith holdover lets the landlord recover up to one and one-half times actual damages (AS 34.03.290(c)).
Military — Servicemembers with qualifying orders can end a lease early under the federal SCRA (50 U.S.C. §3955).

Alaska Cash for Keys Agreement FAQs

How much can a landlord charge for a security deposit in Alaska?

Up to two months’ rent for the deposit and any prepaid rent combined — but that cap doesn’t apply if the rent is more than $2,000 a month. A separate pet deposit of up to one month’s rent is also allowed, except for service animals (AS 34.03.070(a), (h)).

How long does a landlord have to return a security deposit in Alaska?

It depends on how the tenancy ended. If the tenant gave proper notice, 14 days — extended to 30 days if the landlord deducts for damage. If the tenant didn’t give proper notice, 30 days. Deductions must be itemized in writing and mailed to the tenant’s last known address (AS 34.03.070(b), (g)).

How much notice is required to end a month-to-month lease in Alaska?

Thirty days’ written notice before the rent due date, from either side. A week-to-week tenancy needs 14 days’ written notice (AS 34.03.290).

Cash for Keys Agreement in other states

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