An Affidavit of Property Value is a mandatory government form that discloses information such as Purchase Price, names and addresses for both Buyer and Seller, and an address to mail the Property Tax Bill.
A Deed of Trust is recorded to secure a lien against a property. Usually used to secure a Promissory Note. A Deed of Trust is the documents that pledges real property to secure repayment of a loan.
A Promissory Note is a “promise to pay” made by a “Payor” (Borrower) to a “Payee” (Lender). In real estate, this is usually secured by a Deed of Trust. Docprepper.com specializes in Notes and Deeds of Trust!
A Quitclaim Deed is a popular way to add, remove, or transfer a title. With a Quitclaim Deed (often mistakenly referred to as a “Quick Claim Deed“) the GRANTOR offers no “guarantees” as to their ownership interest in the property or the condition of the title. Traditionally, it is used between family members or to clean up clouds on title. Basically, it says this:
If you, an Arizona property owner, are going to be unavailable to sign legal documents that deal with your real estate, a simple document can be used to give someone else with authority to sign on your behalf: an Arizona Real Estate Power of Attorney.