HB 2659 Summary

• Amends Arizona Revised Statutes Section 11-1133 regarding affidavits required for real estate transfers and property sales.

• Requires that deeds and real property sale contracts include an appended affidavit from the seller, buyer, or their agents declaring specific transaction information including parties' names, legal description, sale date, consideration paid, and financing details.

• County recorders must refuse to record any deed or contract unless a complete affidavit of legal value is appended, unless an exemption notation is present.

• An affidavit is considered complete if all required information is provided or marked as "not applicable" on the approved department of revenue form.

• Establishes that a person who knowingly files an incomplete or incorrect affidavit commits a deceptive practice under Arizona's consumer fraud statutes.