AZ SB1556

Amends Arizona statute 12-524 regarding the five-year limitation period for actions to recover city or town lots from persons holding recorded deeds who have paid taxes on the property

Establishes that a person claiming ownership based on a recorded deed who has paid property taxes for at least five consecutive years is deemed the lawful owner of the property

Creates an explicit exclusion preventing persons claiming title through forged deeds or deeds executed under forged powers of attorney from benefiting from this statute's protections

Clarifies that the exclusion applies to anyone in possession of land who would otherwise claim title through a forged deed