Posts Tagged ‘affidavit of disclosure’
Disclosure Affidavit From Seller Required for All Land Transfers
Question: In a recent column you said that an Arizona law, A.R.S. § 33-422, requires an affidavit of disclosure from the seller to the buyer when land is being sold in an unincorporated area of an Arizona county, unless the land has been subdivided. You also said that this affidavit of disclosure requires significant disclosures…
Read MoreDisclosure Requirement for Parcels of Land
Question: We recently signed a contract to sell our three-acre parcel of land in Coconino County near Flagstaff. The title company says that we will be required to furnish the buyer with an Affidavit of Disclosure relating to the condition of this three-acre parcel. What is this Affidavit of Disclosure? Answer: Under A.R.S. §33-422 a…
Read MoreDisclosure Affidavit is Required by Law
Question: After a bank foreclosed on a 5-acre parcel of vacant land in northwest Maricopa County, we purchased this land from the bank. In the purchase contract the sale by the bank to us was “as is,” and the bank was not required to furnish us with the standard Seller’s Property Disclosure Statement (SPDS).…
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