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Transferring a property title to a family member in Arizona typically involves completing a title transfer form. You may also need an Affidavit of Property Value to document the transfer for tax purposes. This approach not only streamlines the process but also ensures all legal requirements are met, safeguarding both parties.
This form is used to record the selling price, date of sale and other required information about the sale of property.
Real estate or a debt secured by a lien on real property may be transferred to the successor or successors by affidavit if certain requirements are met. This affidavit must be filed in the county where the decedent was domiciled or, if not domiciled in this state, in the county where the property is located.
Seller and the buyer, or their agents. The affidavit must be notarized.
The form alerts buyers to some unique circumstances often associated with purchasing rural, unincorporated land in Arizona. For instance, the affidavit acknowledges whether there is legal access and physical access to the property.