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Az Subdivision Public ReportSubdivision_regulationsHARD

In a licensing seminar in Gilbert, a buyer asks how soon before transfer the seller must furnish the statutory affidavit in a qualifying § 33-422 transaction. What is the best answer under current Arizona law or current Arizona form practice?

Correct Answer

C) the statute requires the seller to furnish the affidavit at least seven days before transfer

Under A.R.S. § 33-422, the statute requires the seller to furnish the affidavit at least seven days before transfer.

Answer Options
A
the affidavit is furnished only on the closing date
B
there is no timing rule for furnishing the affidavit
C
the statute requires the seller to furnish the affidavit at least seven days before transfer
D
the affidavit may be furnished any time after recording

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Related Topics & Key Terms

Key Terms:

arizona_specificsubdivisionaffidavit_timingsubdivision_regulationsaz_subdivision_and_public_report
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