Arizona House Bill 2033

On April 5, 2013, Arizona Governor signed HB 2033.  HB 2033 takes effect September 11, 2013 and places additional requirements on the beneficiary to notify the County Recorder where the property is located with certain information concerning additional funds that were received in the form of Mortgage Insurance Premiums.  

11-1133 Affidavit of legal value

Each deed evidencing a transfer of title and any contract relating

to the sale of real property shall have appended at the time of recording an

affidavit of the seller and the buyer or their authorized agent who shall declare and certify specific information.

Section 33-811 Payment of bid; trustee’s deed

Within seven business days after receipt of payment by the Trustee or

The trustee's agent, made in a form that is satisfactory to the trustee, the

Trustee shall execute and submit the trustee's deed to the county recorder

for recording and shall, upon request, provide an unrecorded copy of the

signed trustee's deed to the purchaser.

The bill contains additional requirements and provisions that should be reviewed in detail by your legal counsel.

Here is a link of the complete House Bill 2033:
http://www.tdsf.com/documents/AZLegis/azHouseBill_2033.pdf

If you have any questions about the bill, or would like to review its details with us, please contact Linda Kidder at (714) 480-5640 or via e-mail through our company’s contact page at http://www.tdsf.com/contact.html.