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As used in this chapter:

“Borough land” means any real property or interest therein owned by the Kodiak Island Borough;

“Contract” means a legally enforceable agreement of any kind, including an option, regardless of what it may be called;

“Disposal” means any transfer of real property authorized under this title; and

“Real property” means any interest in real property under the law of the state of Alaska, including but not limited to a fee, easement, or leasehold interest, and a revocable license or permit to use real property. [Ord. 80-28-O §1, 1980].