Terms Used In Arizona Laws > Title 35 > Chapter 3 > Article 4.1 - Summary Sale of Property for Special Assessment Default

• Action: includes any matter or proceeding in a court, civil or criminal. See Arizona Laws 1-215
• Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. ^{Source: OCC}
• including: means not limited to and is not a term of exclusion. See Arizona Laws 1-215
• Lien: A claim against real or personal property in satisfaction of a debt.
• Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
• 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.