Using the current Arizona SPDS, in a Yuma transaction review, a buyer asks whether the statutory affidavit for certain unsubdivided land has its own delivery and cancellation consequences. Each of the following statements about spds vs affidavit of disclosure is generally true in Arizona EXCEPT.
Correct Answer
A) the affidavit has no timing consequences at all under current Arizona law in that Arizona transaction
This is the exception. Under A.R.S. § 33-422; A.R.S. § 33-422; current AAR SPDS, Arizona does not treat the issue this way. Instead, the affidavit has its own statutory timing and rescission structure, which is distinct from ordinary SPDS or contract review periods.
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Previous Question
A seller owns a 15-year-old home and is deciding between providing an SPDS or an Affidavit of Disclosure. All of the following are accurate comparisons between these two disclosure methods EXCEPT:
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At a brokerage meeting in Tucson, a broker tells a seller that delivering an affidavit under A.R.S. § 33-422 means no other property-condition disclosure questions matter. Which outcome best matches current Arizona practice?