Key Takeaways Failing to comply with Arizona real estate laws, especially around security deposits, disclosures, and tenant rights, can result in steep financial penalties and prolonged legal disputes that drain your resources. Improperly filling out the Seller Property Disclosure Statement (SPDS) or intentionally failing to disclose material facts can result in lawsuits and damages. [...]
Key Takeaways Arizona’s real estate contracts are dense documents with many opportunities for errors to occur. Never sign anything without reading every term carefully, and if possible, get it reviewed by legal counsel! Surprise disputes frequently arise over seller disclosures and undisclosed property issues, particularly in the case of “as-is” sales. It is super [...]
Key Takeaways Arizona law offers strong protections for homebuyers, requiring sellers to disclose property details and holding them accountable for false statements. Be sure to check your real estate professionals’ credentials. Only transact through secure, regulated escrow services and read all transaction documents carefully to avoid becoming a victim! Look out for real estate [...]
Key Takeaways Arizona real estate law has specific disclosure requirements, contract requirements, and agent responsibilities. These factors play a huge role in determining your rights and financial protection as a first-time homebuyer in the state. You deserve these important protections! These protections range from mandatory seller disclosures to escrow safeguards to the right to [...]