Loading chat...
AZ HB2720
Bill
Status
1/31/2012
Primary Sponsor
Carl Seel
Click for details
AI Summary
-
Requires any trustee recording a notice of sale to also record an affidavit signed under penalty of perjury that discloses prior and current parties' interests in the deed of trust.
-
The affidavit must list in chronological order the full names, current addresses, dates, recordation numbers, and descriptions of instruments for each party with an interest in the deed of trust.
-
The affidavit must be recorded at the same time and place as the notice of trustee's sale and a copy must be included with the mailed notice of trustee's sale.
-
Failure to properly record and mail the affidavit voids the notice of sale.
-
Persons with an interest in the trust property may file an action to void the trustee's sale for non-compliance and are entitled to recover attorney fees and damages if they substantially prevail.
Legislative Description
Notice of sale; trustee; affidavit
Last Action
Referred to House RULES Committee
2/6/2012