Category: Arizona
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Swindlers Beware: Texas Makes Its Move to Head Off “Dirty Deeds”
They call it the dirty deeds law. Recorders of Texas deeds may, as of July 2023, card people who show up to file home deed transfers. Meanwhile, in Arizona, a swindler sold an ill-gotten deed to the Zillow® real estate company. Texas is lowering the boom. The state will now have its deed recorders verify…
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House Gift: Transferring Your Arizona or Florida Home Through a Gift Deed
Using a gift deed, you can transfer your home to a new owner. The transfer of a gift deed occurs among friends and relatives, or between donors and charities. The giver of the gift deed, formally known as a grantor or donor, conveys the home to the recipient or donee while the donor is alive.…
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Transfers of Condominium Units in Arizona
The Arizona Condominium Act is codified at ARS 33-1201, et seq. A condominium is a piece of real estate, portions (units) of which are reserved for separate ownership, with the remainder designated for common ownership, solely by owners of the separate units (33-1202(10)). The condominium must first be created by a declaration, which designates the…
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Arizona Beneficiary Deeds and the Right of Survivorship
Arizona’s beneficiary deeds are governed by A.R.S. § 33-405. Beneficiary deeds are estate planning instruments that allow owners of Arizona real estate to retain absolute control over their property, with the freedom to use, modify, or sell the land at will. When lawfully executed and recorded, beneficiary deeds convey a potential future “interest in real…