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  • Application For Release Of Excess Proceeds Of Sale By Owner

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Reset FOR CLERK?S USE ONLY (1) Name of Person Filing: Mailing Address: City, State, Zip Code: Day Phone Number: Evening Phone Number: ATLAS Number (if applicable): Attorney Bar Number (if applicable):.

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Arizona has a six-year statute of limitations to enforce installment debt created by a written contract, which is codified at A.R.S. § 12-548. A lender must enforce the debt through foreclosure or a lawsuit within six years after the cause of action accrues.

A Foreclosure Sale May Result in Excess Funds Indeed, in some cases, the foreclosed property is sold at a price that is greater than the value of the outstanding mortgage. This difference is referred to as 'excess proceeds'. In Arizona, property owners or their heirs may be entitled to these funds.

The law Arizona Revised Statutes – 33-812. A claimant may enter into an agreement with a third party to pay for the recovery of or for assistance in the recovery of excess proceeds on deposit with the county treasurer.

Excess Proceeds is the amount of funds remaining after the Treasurer and Tax Collector sells a tax-defaulted property and recovers the taxes, penalties and costs.

A Foreclosure Sale May Result in Excess Funds Indeed, in some cases, the foreclosed property is sold at a price that is greater than the value of the outstanding mortgage. This difference is referred to as 'excess proceeds'. In Arizona, property owners or their heirs may be entitled to these funds.

A deed in lieu stays on the credit report for up to seven years, the same as a foreclosure. Homeowners can use a deed in lieu of foreclosure as a method to avoid the generally harsher effects of actual foreclosure. Normally, its also an easier way for a homeowner to give up all interest in his home.

Excess Proceeds is the amount of funds remaining after the Treasurer and Tax Collector sells a tax-defaulted property and recovers the taxes, penalties and costs.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
All Forms
Search all Forms
Industries
Forms in Spanish
Localized Forms
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232