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Arizona Revised Statutes - Title 33 Property - Chapter 6.1 Deeds of Trust

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  • 33-801 - Definitions
    In this chapter, unless the context otherwise requires: 1. "Beneficiary" means the person named or otherwise designated in a trust deed as the person for...
  • 33-802 - Description of trust property; mailing address of trustor and trustee
    A. In deeds of trust the legal description of trust property shall be given by one of the following methods: 1. By the use of...
  • 33-803 - Trustee of trust deed; qualifications
    A. Except as provided in subsection B, the trustee of a trust deed shall be: 1. An association or corporation doing business under the laws...
  • 33-803.01 - Trustee of trust deed; delegation of duties
    A. A trustee shall not delegate the following duties: 1. The preparation and execution of any of the following: (a) The notice of trustee sale....
  • 33-804 - Appointment of successor trustee by beneficiary
    A. If a person appointed as trustee fails to qualify, is unwilling or unable to serve or resigns as trustee or if a trustee was...
  • 33-805 - Deed of trust as security
    Deeds of trust may be executed as security for the performance of a contract or contracts. Except with respect to chapter 6 of this title,...
  • 33-806 - Transfers in trust of real property; uses
    A. Transfers of trust property may be made to secure the performance of a contract or contracts of the trustor or any other person. An...
  • 33-806.01 - Trustor's right to transfer; transfer fee limit; interest rate increase limit
    A. Nothing in this article shall be construed to prevent or limit the right of a trustor to transfer his interest in the trust property,...
  • 33-807 - Sale of trust property; power of trustee; foreclosure of trust deed
    A. By virtue of his position, a power of sale is conferred upon the trustee of a trust deed under which the trust property may...
  • 33-807.01 - Notice of trustee's sale conditions; exceptions
    (Rpld. 1/1/14) A. For a property with a first deed of trust recorded on or after January 1, 2003 through December 31, 2008, if the...
  • 33-808 - Notice of trustee's sale
    A. The trustee shall give written notice of the time and place of sale legally describing the trust property to be sold by each of...
  • 33-809 - Request for copies of notice of sale; mailing by trustee; disclosure of information regarding trustee sale
    A. A person desiring a copy of a notice of sale under a trust deed, at any time subsequent to the recording of the trust...
  • 33-810 - Sale by public auction; postponement of sale
    A. On the date and at the time and place designated in the notice of sale, the trustee shall offer to sell the trust property...
  • 33-811 - Payment of bid; trustee's deed
    A. The highest bidder at the sale, other than the beneficiary to the extent of the credit bid, shall pay the price bid by no...
  • 33-812 - Disposition of proceeds of sale
    A. The trustee shall apply the proceeds of the trustee's sale in the following order of priority: 1. To the costs and expenses of exercising...
  • 33-813 - Default in performance of contract secured; reinstatement; cancellation of recorded notice of sale
    A. If, prior to the maturity date fixed by the contract or contracts, all or a portion of a principal sum or interest of the...
  • 33-814 - Action to recover balance after sale or foreclosure on property under trust deed
    A. Except as provided in subsections F and G of this section, within ninety days after the date of sale of trust property under a...
  • 33-815 - Method of indexing
    Every trust deed, substitution of trustee, notice of resignation of trustee, request for notice, assignment of beneficial interest under a trust deed, notice of sale,...
  • 33-816 - Limitation on action or sale of trust property
    The trustee's sale of trust property under a trust deed shall be made, or any action to foreclose a trust deed as provided by law...
  • 33-817 - Transfer of secured contract
    The transfer of any contract or contracts secured by a trust deed shall operate as a transfer of the security for such contract or contracts.
  • 33-818 - Notice from instruments recorded; assignment of a beneficial interest
    Except as otherwise provided in this section, a trust deed, substitution of trustee, notice of resignation of trustee, assignment of a beneficial interest under a...
  • 33-819 - Exempt transactions
    If a trust deed is executed for a principal purpose other than or in addition to securing the performance of a contract or contracts, the...
  • 33-820 - Trustee's right to rely; attorney's right to act for trustee and beneficiary
    A. In carrying out his duties under the provisions of this chapter or any deed of trust, a trustee, shall when acting in good faith,...
  • 33-821 - Exemption from definition
    A deed of trust shall not be considered a deed or contract under the provisions of title 42, chapter 10, article 2 or a contract...
  • Last modified: February 20, 2012