12-1626. Sale of real property and rights of purchaser; delivery and recording of certificate of sale
125 words·~1 min read·
/az/title-12/12-1626A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A. Upon a sale of real property, the purchaser is substituted to and acquires all the right, title, interest and claim of the judgment debtor thereto.
B. When the estate is less than a leasehold of two years unexpired time, the sale is absolute. In all other cases, including sales under order of court in foreclosure suits, the property is subject to redemption.
C. The officer shall give to the purchaser a certificate of sale, setting forth a full description of the real property sold, the price bid and paid for each parcel if sold in lots or parcels and whether subject to redemption or not.
D. A duplicate of the certificate shall be recorded by the officer in the office of the county recorder.