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Updated April 18, 2024

An Arizona land contract facilitates a transaction between a buyer and a seller for raw land. The contract acts as an offer the buyer presents to the seller for acceptance. Upon receiving, the seller will have the option to make a counteroffer, reject, or accept the terms of the agreement. Once an agreement has been reached, a closing date should be scheduled.

Supplemental Information

Buyer Inquiries – If the buyer asks a specific question about the property, the seller is obligated to disclose what they know.^[1]
Soil Remediation Disclosure – The seller is required to inform the buyer if the property has ever been under any type of remediation.^[2]
Unincorporated Area Disclosure – For property that is located in unincorporated land.^[3]
Where to Record? – The buyer will submit the deed to the County Recorder’s Office to make official after the closing.^[4]