AZ HB2519

County treasurer may assign a property tax lien to a third party if the property owner provides written authorization and the third party pays all taxes, interest, and penalties owed on the property.

Property owner authorization for lien assignment must occur before the tax lien is publicly sold under sections 42-18114 or 42-18122.

County treasurer issues a receipt to the third party as proof of assignment using the form prescribed in section 42-18055, with the assignment not affecting the lien's priority status.

Property owner and third party may enter into a payment agreement covering the lien amount plus reasonable transaction costs, interest at rates not exceeding those in section 42-18053, and collection costs.

Assignment and payment agreement must be filed with the county recorder and serve as prima facie evidence of valid assignment and lien priority; if owner defaults, the assignee may foreclose under section 33-721.