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AZ HB2555
Bill
Status
5/11/2016
Primary Sponsor
Jeff Weninger
Click for details
AI Summary
HB2555 Summary
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Judgment liens on real property require recording both a certified copy of the judgment and an information statement in substantial compliance with sections 33-961 and 33-967 to become effective.
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Civil judgments in favor of the state are exempt from the requirement to record a separate information statement and become liens upon recording alone.
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Civil judgment liens obtained by the state remain in effect until satisfied or lifted, rather than expiring after five years like other judgment liens.
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Judgments recorded without the required information statement do not become liens until the judgment creditor records an amendment to the recorded judgment containing the complete information statement.
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The exemption for state civil judgments applies retroactively to all judgments in favor of the state regardless of when the judgment was recorded.
Legislative Description
Judgment liens; recorded information statement
Last Action
Chapter 202
5/11/2016