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Q: Treasurer's Deed - Arizona ( Answered 5 out of 5 stars,   0 Comments )
Question  
Subject: Treasurer's Deed - Arizona
Category: Business and Money
Asked by: mrsneaky-ga
List Price: $10.00
Posted: 22 Apr 2003 12:07 PDT
Expires: 22 May 2003 12:07 PDT
Question ID: 193930
In Arizona, if I purchase land from a county and get a "treasurer's
deed".  Can I sell the lot as a Warrenty Deed?  What are the
limitations if any?  What steps are necessary to sell the land?

Thanks in advance.

Request for Question Clarification by jbf777-ga on 22 Apr 2003 12:18 PDT
Hi -

What county?

jbf777-ga
GA Researcher

Clarification of Question by mrsneaky-ga on 22 Apr 2003 12:26 PDT
Aren't all the counties the same?  Can I convey the title as a
Warrenty Deed and accept liability?
Answer  
Subject: Re: Treasurer's Deed - Arizona
Answered By: serenata-ga on 22 Apr 2003 16:30 PDT
Rated:5 out of 5 stars
 
Hello Mr. Sneaky ~

Please bear in mind that Google Answers Researchers do not give legal
advice, and I am not an attorney and not licensed to practice law.
Google's Answers publishes the following disclaimer on every page
(including this one):

"Answers and comments provided on Google Answers are general
information, and are not intended to substitute for informed
professional ..."

I could find nothing that would preclude your conveying the property
by warranty deed if you are the only person with an interest in the
property.

According to Arizona Revised Statutes 42-18258 (ARS 42-18258), a
Treasurer's Deed only forecloses the previous owner's right to redeem
the property for unpaid taxes, but "does not extinguish any lien for
an assessment levied pursuant to title 48, chapter 4, 6 or 14, or
section 9-276."
   - http://www.azleg.state.az.us/ars/42/18258.htm

The Treasurer is required under ARS 42-18253 to perform a title search
"Before delivering a treasurer's deed under this article, the county
treasurer shall cause a title search to be made that is sufficient to
identify all parties who have a legal or equitable interest in the
property recorded with the county recorder in the county where the
property is located." In that case, the title search would include any
other parties with a recorded interest in the property.
   - http://www.azleg.state.az.us/ars/42/18253.htm

I could find nothing in Arizona Revised Statutes, either under
"Property" (Title 33) or "Taxation" (Title 42) that would preclude
your conveying the property under Warranty Deed.

If you feel comfortable enough to assume the liability (or have your
own Title Insurance Report) to warrant that no other parties have an
interest in the property, you can convey ownership by Warranty Deed.

ARS 33-402 requires your adding "and I warrant the title against all
persons whomsoever" (or other words of warranty) as sufficient wording
in a Warranty Deed.
   - http://www.azleg.state.az.us/ars/33/00402.htm

** Search terms used
 - Google
   Arizona law +"treasurer's deed"

 - Arizona Revised Statutes
  Treasurer's Deed
   Warranty Deed
  Procedure +Treasurer's Deed

I trust this answers your question.

Serenata
mrsneaky-ga rated this answer:5 out of 5 stars

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