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REAL ESTATE LAW
COURT CLARIFIES SCOPE OF ANTI-DEFICIENCY STATUTE
Lenders and homeowner borrowers have been waiting for clarification of various questions arising under Arizona’s anti-deficiency statute. Today, the ... Read More
DEED OF TRUST ASSIGNMENT NOT REQUIRED BEFORE TRUSTEE’S SALE
Arizona’s law does not require the recording of an assignment of a deed of trust before recording a notice of trustee’s sale where the beneficiary ... Read More
JP MORGAN CHASE HALTS FORECLOSURES
Various sources have reported that JP Morgan Chase has temporarily halted foreclosures because of potentially flawed paperwork. One issue that has ... Read More
APPRAISERS CRITICIZED FOR LOW VALUES
Many have rightfully blamed, in substantial part, appraisers for the meltdown of the real estate market. As alleged in many lawsuits, appraisers ... Read More
DEED OF TRUST MISTAKENLY RECORDED WITHOUT LEGAL DESCRIPTION STILL VALID
The Arizona Court of Appeals recently decided a case where a deed of trust was mistakenly initially recorded without a legal description. In 3502 ... Read More