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Article 1 General Provisions 33-1901 – 33-1907
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Terms Used In Arizona Laws > Title 33 > Chapter 17 - Residential Rental Property

  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Managing agent: means a person, corporation, partnership or limited liability company that is authorized by the owner to operate and manage the property. See Arizona Laws 33-1901
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
  • Person: includes a corporation, company, partnership, firm, association or society, as well as a natural person. See Arizona Laws 1-215
  • Prosecute: To charge someone with a crime. A prosecutor tries a criminal case on behalf of the government.
  • Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. Source: FDIC
  • Residential rental property: means property that is used solely as leased or rented property for residential purposes. See Arizona Laws 33-1901
  • Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
  • Slum property: means residential rental property that has deteriorated or is in a state of disrepair and that manifests one or more of the following conditions that are a danger to the health or safety of the public:

    (a) Structurally unsound exterior surfaces, roof, walls, doors, floors, stairwells, porches or railings. See Arizona Laws 33-1901

  • Trustee: A person or institution holding and administering property in trust.