Arizona Revised Statutes § 12-1285 Amounts Payable Upon Redemption

12-1285. Amounts payable upon redemption

A. In redeeming property the judgment debtor shall pay the amount of the purchase price with eight per cent added thereto, together with the amount of any assessments or taxes which the purchaser has lawfully paid thereon after purchase, and interest on such amount.

B. Each subsequent redemptioner shall pay the aggregate of such amounts plus the amount of the lien thereon of the ones who may have redeemed the property theretofore. If the purchaser is also a creditor having a prior lien to that of the redemptioner, other than the judgment lien, the redemptioner shall pay, in addition, the amount of such creditor's lien with interest. The payments may be made to the officer who made the sale.

Section: Previous  12-1258  12-1259  12-1271  12-1281  12-1282  12-1283  12-1284  12-1285  12-1286  12-1287  12-1288  12-1289  12-1301  12-1302  12-1303  Next

Last modified: October 13, 2016