Arizona Affidavit of Property Value

If you are selling a real estate property in Arizona, you can assist the buyer by carrying part or all of the purchase price with this Contract for Deed (or purchase money mortgage).

• Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
• Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
• The seller has the right to take back the property if the buyer defaults in payment.
• At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
• Available in MS Word format, fully editable to fit your exact circumstances.
• Intended to be used only in the State of Arizona.

Because Arizona is a title theory state, mortgage lenders use a Deed of Trust instead of a mortgage to secure repayment of a home buyer's loan.

• Under the Deed of Trust, title to the property is transferred to a trustee (often a title company) who holds it until the borrower has repaid the entire amount of the loan, accrued interest, and any charges associated with the loan.
• If the borrower breaches the Deed of Trust, the lender gives written notice to the borrower specifying what must be done to cure the breach prior to accelerating repayment of the debt.
• If the breach is not remedied, the lender can invoke its power of sale.

The Arizona Deed of Trust template contains standard uniform covenants and State-specific provisions. Buy and download the form and you can use it as often as your business requires.

Transfer title to a real estate property in Arizona from one person to another with this easy-to-use Quitclaim Deed.

• Under the Quitclaim Deed, the transferor conveys all of its interest in the property to the transferee but does not provide any warranties regarding the property.
• This form of Deed is often used to remove one spouse's name from title following divorce proceedings.
• The form is provided in MS Word format and is easy to download, fill in and print.
• Intended for use only in the State of Arizona.

Transfer ownership of an Arizona real estate property from a seller to a buyer with this Arizona Warranty Deed form.

• it has good and marketable title to the property,
• it has the right and power to transfer the title to the buyer, and
• it will forever defend the grantee's (buyer's) right to possession of the property.