Arizona - Get a Quote
Special Notice: Arizona Owners - especially if you live out-of-state
REMS Inc. specializes in protecting out-of-state owners from differences in state law between California and Arizona.
There's an example below regarding the need for landlords to register their properties as rentals with the County Assessor's Office. They could be required to collect "use" taxes, akin to sales taxes, on rental income.
Some absentee landlords hire property managers or attorneys to serve as a type of Arizona representative known as statutory agents.
Notification of Arizona Residential Rental Property
Pursuant to A.R.S. §§ 33-1901 and 33-1902
In compliance with A.R.S. § 33-1902(A): an owner of residential rental property shall maintain with the Assessor in the county where the property is located information required by this section in a manner to be determined by the Assessor.
Pursuant to A.R.S. § 33-1902(B): an out-of-state owner of residential rental property shall designate and record with the County Assessor a statutory agent who lives in this state and who will accept legal service on behalf of the owner. If the property is owned by a corporation, limited liability company, partnership, limited partnership, trust or real estate investment trust, include the name, address and telephone number of the business entity and the statutory agent. A person who fails to comply with any provision of this section shall be assessed a civil penalty of one thousand dollars, plus an additional one hundred dollars for each month after the date of the original violation until compliance occurs.
Free Online Newsletter Available to Landlords and Tenants
Public records are available to help landlords and tenants choose wisely.
Landlords: You need to have this information to prepare your marketing material after you purchase, and it is imperative that you have this information before you buy your next property.
The Internet has a wealth of information to help landlords and tenants. Information from the County Assessor's official Web site can be accessed at www.maricopa.gov/assessor where you can search properties by parcel #, street address, subdivision name or last name/street. Here you'll find maps and aerial photos. You can check comparable sales prices and rental information on file with the County and much, much more!
You can research any civil lawsuit involving a homeowners association by going to www.superiorcourt.maricopa.gov/docket/civil/caseSearch.asp.
Also, if you are buying units that have been subdivided by an HOA, we recommend you read the HOA rules and design guide lines, inspect the financial statements to make sure there are funds for all maintenance, repairs or renovation of common areas.
To find out about ground fissures or if your property is located in a flood plain, call the Arizona Geological Survey at 1-520-770-3500 or go to www.fcd.maricopa.gov for online information.
We've previewed these other helpful sites for landlords and tenants to peruse:
These Web sites by no means are intended to be a complete listing, but hopefully they will help assist you in gathering information you may need. Remember, knowledge is not power. The application of knowledge is what gives you power!
If you wish to discuss any real estate questions or address any property management issues, please contact Tom Loegering, C.P.M. via Web Ask the CPM or email tomsr@vel.net or phone 623-374-2420.
(List compiled by Tom Loegering, C.P.M.)