Spouse Has Lien on Property for Community Payment

Question: I purchased a home in Payson when I was single with a $20,000 down payment. The deed to the home even says “a single man.” I was married six months later. All of the monthly mortgage payments and repair costs since our marriage have been made from our family checking account. After eight years…

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‘Contract for Deed’ is Allowed Under Arizona Law

contract

Question: We are buying a 40-acre parcel of land in Apache County for $400,000, with a $40,000 down payment. Instead of a standard purchase contract, however, the seller wants to use what he calls a “contract for deed.” In other words, although we will initially pay the $40,000 down payment, we will not get the…

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