Commercial Foreclosures (Judicial) (AZ) | Practical Law

Commercial Foreclosures (Judicial) (AZ) | Practical Law

A Practice Note discussing the primary considerations and procedures for the judicial foreclosure of a mortgage or deed of trust without a power of sale secured by commercial real property in Arizona. This Note also addresses Arizona law governing the appointment of receivers and receiver's sales, deficiency judgments, and the borrower's right to reinstate the loan and right of redemption.

Commercial Foreclosures (Judicial) (AZ)

Practical Law Practice Note w-018-9023 (Approx. 16 pages)

Commercial Foreclosures (Judicial) (AZ)

by Benjamin W. Reeves and Craig K. Williams, Snell & Wilmer, with Practical Law Real Estate
Law stated as of 31 Jan 2024Arizona
A Practice Note discussing the primary considerations and procedures for the judicial foreclosure of a mortgage or deed of trust without a power of sale secured by commercial real property in Arizona. This Note also addresses Arizona law governing the appointment of receivers and receiver's sales, deficiency judgments, and the borrower's right to reinstate the loan and right of redemption.