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Arizona Revised Statutes Title 12. Courts and Civil Proceedings § 12-807. Application of proceeds of sale; sale of building to make up deficiency

Current as of January 01, 2025 | Updated by Findlaw Staff

A. The proceeds of sale of the property shall be applied in the following order:

1. To the fees and costs of the removal and sale.

2. To the allowances and costs of closing and keeping the building or place closed.

3. To the payment of plaintiff's costs in the action.

4. The balance, if any, shall be paid to the owner of the property sold.

B. If the proceeds of the sale do not fully discharge all the costs, fees and allowances, the building and place shall then also be sold under execution issued upon order of the court or judge and the proceeds of the sale applied in like manner.

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Cite this article: FindLaw.com - Arizona Revised Statutes Title 12. Courts and Civil Proceedings § 12-807. Application of proceeds of sale; sale of building to make up deficiency - last updated January 01, 2025 | https://codes.findlaw.com/az/title-12-courts-and-civil-proceedings/az-rev-st-sect-12-807/

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