Arizona Laws 48-942. Certificate of sale; lien
A. After making the sale, the superintendent shall execute, in duplicate, a certificate of sale stating the description of the property sold, the name and address of the owner and all lien claimants as given by the record search prescribed by Section 48-940.01, that the property was sold for a delinquent assessment, specifying the improvement for which the assessment was made, the amount for which the property was sold, the date of the sale, the name of the purchaser and the first date on which the purchaser may apply for a deed. The superintendent shall file one copy of the certificate in his office and deliver the other to the purchaser, or if the district is the purchaser, to the clerk, who shall file the certificate in the clerk’s office.
Terms Used In Arizona Laws 48-942
- Deed: The legal instrument used to transfer title in real property from one person to another.
- improvement: includes any of the improvements mentioned and authorized to be made in this article, the construction, reconstruction and repair of all or any portion of any such improvement, and labor, services, expenses and material necessary or incidental thereto. See Arizona Laws 48-901
- Lien: A claim against real or personal property in satisfaction of a debt.
- Lot: includes any portion, piece, parcel or subdivision of land, but not property owned or controlled by any person as a railroad right of way. See Arizona Laws 48-901
- Owner: means the person in whom legal title appears by recorded deed, or the person in possession under claim or title, or the person exercising acts of ownership for himself or as the personal representative of the owner, including the boards of trustees of school districts and the boards of education of high school districts owning property within the proposed improvement district. See Arizona Laws 48-901
- Property: includes both real and personal property. See Arizona Laws 1-215
- superintendent: means a county employee designated by the board of supervisors to perform the duties of street superintendent for all the districts organized under this article in any county. See Arizona Laws 48-901
B. On filing the copy of the certificate in the office of the superintendent, the lien of the assessment shall vest in the purchaser, and is only divested by a redemption of the property, as provided by this article.
C. The superintendent shall also enter on the record of the assessment, opposite the description of each lot offered for sale, a description of the part thereof sold, the amount for which the lot was sold, the date of the sale and the name of the purchaser.