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Current as of January 01, 2025 | Updated by Findlaw Staff
A. After the sale, the street superintendent shall execute, in duplicate, a certificate of sale setting forth:
1. A description of the property sold.
2. The name of the owner as given on the assessment roll.
3. That the property was sold for a delinquent assessment, specifying the improvement for which the assessment was made.
4. The amount for which the property was sold.
5. The date of sale.
6. The name of the purchaser.
7. The time when the purchaser will be entitled to a deed.
B. The street superintendent shall file one copy of the certificate in his office, and deliver the other to the purchaser, or if the municipality is the purchaser, to the clerk, who shall file the certificate in his office.
C. Upon filing the copy of the certificate in the office of the street superintendent, the lien of the assessments shall vest in the purchaser, and is divested only by redemption of the property, as provided in this article.
D. The street superintendent shall also enter on the assessment roll, opposite the description of each piece of property offered for sale, a description of the part thereof sold, the amount for which it was sold, the date of the sale and the name of the purchaser.
Cite this article: FindLaw.com - Arizona Revised Statutes Title 48. Special Taxing Districts § 48-529. Certificate of sale; vesting and divesting of assessment lien; entry of sale on assessment roll - last updated January 01, 2025 | https://codes.findlaw.com/az/title-48-special-taxing-districts/az-rev-st-sect-48-529/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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