Property law is the area of law that governs the various kinds of ownership in real property (land as distinct from personal or movable possessions) and in personal property, within the common law legal system. In the civil-law system, there is certainly a section between movable and immovable property. While immovable property corresponds to realty or real property, movable property approximately corresponds to personal property, and the related rights and obligations thereon.
Most of the legislation connecting to property, particularly the associations of landlords and renters in Alaska stalk in the following statute:
Alaska Statutes Title 34: Property Law Chapter 3
Article 1: Objectives and Rules of Building
Section 10. Intention and Construction.
(b) The underlying goals and policies of this chapter are to
(1) simplify, clarify, modernize, and revise the law governing the rental of dwelling units and the rights and responsibilities of landlord and tenant;
(2) support landlord and tenant to preserve and improve the quality of home; and
(3) make uniform the law among those states that enact it.