Arizona Affidavit of Nondevelopment and Nonproduction with No Production or Operations Under Prior Lease
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How to fill out Affidavit Of Nondevelopment And Nonproduction With No Production Or Operations Under Prior Lease?
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FAQ
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.
This form is used to record the selling price, date of sale and other required information about the sale of property.
The document contains sworn statements confirmed in the presence of a notary public, and provides notice that the successor has assumed the authority of the preceding trustee relevant to real property held in trust.
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.
If seeking personal property, it is not necessary to file the small estate affidavit with the court. Instead, give the completed, signed, notarized form to the person or entity holding the asset to be transferred.
