What I Wish I Knew in Real Estate
Many issues that affect licensees and the transfer of real estate in Arizona are governed by the statutes contained in ARS (Arizona Revised Statutes). There are numerous statutes and rules that affect the transfer of the real estate, as well as landlord-tenant rights and obligations, property management, the activities of licensees, and the real estate commissioner’s right to revoke a license. In this course, we will review the legal aspects of the law and Do’s and Dont’s of real estate.
3 Hrs Legal Issues
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Lessons
1. Arizona Revised Statutes – What I Wish I Knew in Real Estate Legal
2. A Buyer’s Right – What I Wish I Knew in Real Estate Legal
A Buyer’s Right to Rescind a Real Estate Purchase Due to Seller’s Failure to File a Proper Affidavit of Disclosure Is Limited Real estate brokers and attorneys alike have previously…
3. FAQs on the Affidavit – What I Wish I Knew in Real Estate Legal
Pursuant to A.R.S. § 33-422 (the “Statute”)[1]: A. A seller of five or fewer parcels of land, other than subdivided land, in an unincorporated area of a county and any subsequent…
4. Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal
All Information on this page is from the Arizona Association Of Realtors Legal Hotline Click here Buyer Cannot Waive the Requirement of Affidavit of Disclosure ISSUE: The seller has an…
5 – Section 1 Exam – What I Wish I Knew in Real Estate Legal
6 – Landlord & Tenant Act – What I Wish I Knew in Real Estate Legal
The Arizona Residential Landlord and Tenant Act (ARLTA). This act was designed to protect both landlord and tenant and to outline both rights and obligations for each party. ARLTA is…
7 – Leasing & Property Management – What I Wish I Knew in Real Estate Legal
A lease is a valuable interest in real property. Single-family homes, apartments, and mobile homes are leased as residences. Business offices, retail outlets, industrial buildings, and agricultural land are leased…
8 – Landlords Can Serve Multiple Notices – What I Wish I Knew in Real Estate Legal
The Arizona Residential Landlord and Tenant Act provide for a variety of notices for residents who violate their lease or community rules and regulations. However, landlords can serve multiple notices…
9 – Scenarios – What I Wish I Knew in Real Estate Legal
Scenario #1, the tenant vacates before the expiration of the lease term. If the tenant does so, once the landlord has determined that the tenant has abandoned the property, the…
10 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal
All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here Arizona Residential Landlord and Tenant Act Has Fire Exception FACTS: A tenant in northern…
11 – Section 2 Exam – What I Wish I Knew in Real Estate Legal
12 – Drug Labs – What I Wish I Knew in Real Estate Legal
Let’s talk about Clandestine Drug Labs, commonly known as Meth Labs. These are properties where illegal drugs have been manufactured and/or sold, and in most cases, the property contains toxic waste…
13 – Characteristics of a LAB – What I Wish I Knew in Real Estate Legal
A house or other structure currently containing a meth lab, or one that has been the site of a previous meth lab, usually has one or more of the following…
14 – Property Manager – What I Wish I Knew in Real Estate Legal
We will now address the issue of property management and look at what the rules are regarding PM under the Arizona statutes. As the number of rentals has soared over…
15 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal
All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here Disclosure not required for possession of drugs in the home ISSUE: The Seller was…
16 – Section 3 Exam – What I Wish I Knew in Real Estate Legal
17 – Definition of Deed of Trust – What I Wish I Knew in Real Estate Legal
When you take out a loan to purchase a home, you will either sign a mortgage or a deed of trust. These terms may often be used interchangeably. If you…
18 – Deed of Trust – What I Wish I Knew in Real Estate Legal
A deed of trust (or trust deed) is the common method of securing a lien against a property in Arizona. While we commonly use the term “mortgage” when we talk…
19 – ARS 33-808 – What I Wish I Knew in Real Estate Legal
ARS 33-808, sets out the rules for the content of the notice of foreclosure, the timing of the notice, the publication and posting (on the property) of the notice, and…
20 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal
All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here Tenant Is Contractually Obligated to Pay Rent Despite Notice of Trustee’s Sale FACTS: Shortly…
21 – Section 4 Exam – What I Wish I Knew in Real Estate Legal
22 – Septic Tanks – What I Wish I Knew in Real Estate Legal
Septic Tanks are more commonplace in Arizona than most people think. Even today, with the explosive growth of development, and as fast as development moves away from the incorporated cities,…
23-HOA-What I Wish I Knew In Real Estate Legal
The current HOA Addendum from AAR was developed during 2014 and issued in February 2015. The completion, timing, and information on the addendum was completely changed at that time. While…
24 – Mobile/Manufactured Homes – What I Wish I Knew in Real Estate Legal
One type of property that real estate agents often want to list and sell is mobile or manufactured homes. They are prevalent in Arizona and offer cost savings and efficiency…
25 – Mobile Homes by Real Estate Brokers – What I Wish I Knew in Real Estate Legal
The Sale of Manufactured & Mobile Homes by Real Estate Brokers An ADOH license is generally required to sell manufactured/mobile homes Generally, a license issued by the Office of Administration…
26 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal
All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here Septic Tank Certification May Not Be Required FACTS: A year ago the seller purchased…
27- Section 5 Exam – What I Wish I Knew in Real Estate Legal
28 – Avoid the Danger Zone – What I Wish I Knew in Real Estate Legal
Prospecting? Avoid These Danger Zones When it comes to obtaining new clients, real estate agents are at the top of their game. But, there are several commonly used prospecting tactics…
29 – Advertising Rules – What I Wish I Knew in Real Estate Legal
The Advertising of Real Property is Regulated by Law: Arizona real estate law defines “advertising” as: the attempt by publication, dissemination, exhibition, solicitation or circulation, oral or written, or for…
30 – Legal Hotline Q & A – What I Wish I Knew in Real Estate Legal
All Information on this page is from the Arizona Association of Realtors Legal Hotline Click here Advertising Must Identify the Brokerage Involved FACTS: The brokerage contracts with a broker who…
31 – Good Funds – What I Wish I Knew in Real Estate Legal
Is there a specific statute in Arizona that tells a licensee how they could lose their license? Yes, there is a statute in Arizona that empowers the real estate commissioner…