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SpdsSpds_vs_affidavit_of_disclosureEASY

During an Arizona file audit in Yuma County, a broker says the affidavit under § 33-422 is just an internal file note and never affects recorded land-transfer practice. Which outcome best matches current Arizona practice?

Correct Answer

C) the statutory affidavit has its own formal requirements and should not be treated as a casual internal note

Under A.R.S. § 33-422, the statutory affidavit has its own formal requirements and should not be treated as a casual internal note.

Answer Options
A
the affidavit has no formal significance beyond a broker's checklist
B
the affidavit exists only for marketing and never for transfer compliance
C
the statutory affidavit has its own formal requirements and should not be treated as a casual internal note
D
the affidavit is optional whenever a buyer signs quickly

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Related Topics & Key Terms

Key Terms:

arizona_specificaffidavitrecordingspds_vs_affidavit_of_disclosurespds
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