Arizona Revised Statutes § 48-942 Certificate Of Sale; Lien

48-942. Certificate of sale; lien

A. After making the sale, the superintendent shall execute, in duplicate, a certificate of sale stating the description of the property sold, the name and address of the owner and all lien claimants as given by the record search prescribed by section 48-940.01, that the property was sold for a delinquent assessment, specifying the improvement for which the assessment was made, the amount for which the property was sold, the date of the sale, the name of the purchaser and the first date on which the purchaser may apply for a deed. The superintendent shall file one copy of the certificate in his office and deliver the other to the purchaser, or if the district is the purchaser, to the clerk, who shall file the certificate in the clerk's office.

B. On filing the copy of the certificate in the office of the superintendent, the lien of the assessment shall vest in the purchaser, and is only divested by a redemption of the property, as provided by this article.

C. The superintendent shall also enter on the record of the assessment, opposite the description of each lot offered for sale, a description of the part thereof sold, the amount for which the lot was sold, the date of the sale and the name of the purchaser.

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Last modified: October 13, 2016