6-Snapshot Review-Arizona Finance and Taxation Practices
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FINANCING DOCUMENTS Deed of trust Arizona is primarily a deed of trust and lien theory state. Deed of trust– a three-party instrument, promises the financed property as collateral for a loan; trustor, aka borrower, holds equitable interest; beneficiary, aka lender, holds equitable title. Trustor gives the power of sale to a neutral third party, aka […]