Arizona Laws 28-2131. Liens and encumbrances; validity
The following, other than a lien dependent on possession, are not valid against the creditors of an owner acquiring a lien by levy or attachment or against subsequent purchasers or encumbrancers without notice until the requirements of this article are met:
Terms Used In Arizona Laws 28-2131
- Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
- Certificate of title: means a paper document or an electronic record that is issued by the department and that indicates ownership of a vehicle. See Arizona Laws 28-101
- Contract: A legal written agreement that becomes binding when signed.
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Dependent: A person dependent for support upon another.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
- Lien: A claim against real or personal property in satisfaction of a debt.
- Mobile home: means a structure that is transportable in one or more sections, including the plumbing, heating, air conditioning and electrical systems that are contained in the structure, and that, when erected on site, is either of the following:
(a) More than eight body feet in width, thirty-two body feet or more in length and built on a permanent chassis. See Arizona Laws 28-2001
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Owner: means :
(a) A person who holds the legal title of a vehicle. See Arizona Laws 28-101
- Property: includes both real and personal property. See Arizona Laws 1-215
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
1. Any security agreement, conditional sale contract, conditional lease, chattel mortgage or other lien or encumbrance.
2. A certificate of title retention instrument or any other instrument affecting or evidencing title to, ownership of or reservation of title to a vehicle required to be issued a certificate of title and registered under section 28-2153 or a mobile home required to be issued a certificate of title under section 28-2063.
3. A contract for conveyance of real property, deed of trust or mortgage securing a lien on a mobile home and on real property.