Section 11.67.893. Discount application.

	(a)  An application for a veterans' land discount must be submitted to the division on a form supplied by the division. All information on the form, or otherwise required by the division and by this section, must be sworn to by the person supplying the information.  
	(b)  The final date to apply for, and other requirements regarding, a veterans' land discount are as follows:  
		(1) For a sale at auction or lottery, the application must be filed within 30 days after the applicant receives the notification of the award. An applicant who does not apply for a veterans' discount on or before the due date waives any right to a discount for that sale. The down payment will be conditionally reduced on the basis of the discount that the applicant claims. Within 30 days after filing the discount application, unless the commissioner grants an extension of time for good cause, the applicant shall present the proof required by 11 AAC 67.895(a) and (b).  
		(2) For a sale other than at lottery or at auction, the application must be filed, and adjudication under 11 AAC 67.895 must be completed, before the sale contract is entered into; an applicant who does not apply for a veterans' land discount before the sale contract is entered into waives any right to a discount for that sale. Along with the application, the applicant shall present the proof required by 11 AAC 67.895(a) and (b).  
	(c)  For purposes of the residency and age eligibility requirements of AS 38.05.940(b)(1) and (b)(2), the discount application date is considered to be the date of sale.  

Authorities

38.05.020;38.05.940

Notes

Authority

AS 38.05.020 AS 38.05.940

History

Eff. 8/16/89, Register 111; am 2/8/2001, Register 157