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We have also included general steps for how to set up a real estate LLC in Arizona below. Step 1: File your Articles of Organization. ... Step 2: Publish a Notice in the Newspaper. ... Step 3: Buy Property in the LLCs name, or Transfer the Deed.
§§ 29-3102 and 29- 3105 through 29-3107. An operating agreement is not required by statute. If there is not operating agreement, then the LLC statutes will govern how the LLC conducts its affairs. Your needs may not be addressed by those statutory provisions, and, therefore, you might want an operating agreement.
File Your Arizona LLC Articles of Organization Submit Your LLC's Official Name. Add A Copy of the Name Reservation Certificate. Provide the name and address of your statutory agent. Certify your LLC has at least one member. Select the type of LLC you're forming. Choose a filing date. Attach any needed statements.
The cost of filing your articles of organization is $50 unless you need expedited service. In that case, you will pay an additional $35. Arizona also requires notice of your newly formed LLC to be published in one of the state's approved newspapers.
In most states, there is only a single filling stage needed to create your LLC. Arizona has two stages. First, you'll need to file your Arizona Articles of Organization with the Arizona Corporation Commission (ACC). Second, you'll need to publish a Notice of LLC Formation.
Here are the three disclosure requirements you need to know if you are selling a property in Arizona: Federal Disclosure of Information on Lead-Based Paint and/or Lead-Based Paint Hazards. Comprehensive Loss Underwriting Exchange Report (CLUE) Seller's Property Disclosure Form.