Updated September 08, 2022
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 (Universal Inv. Co. v. Sahara Motor Inn, Inc. -1980) – If the buyer asks a specific question about the property, the seller is obligated to disclose what they know.
- Soil Remediation Disclosure (§ 33-434.01) – The seller is required to inform the buyer if the property has ever been under any type of remediation.
- Unincorporated Area Disclosure (§ 33-422) – For property that is located in unincorporated land.
- Where to Record? (§ 11-468) – The buyer will submit the deed to the County Recorder’s Office to make official after the closing.
Realtor Version
Arizona Assoc. of Realtors Version
Download: Adobe PDF
Related Forms
Residential Purchase Agreement
Download: Adobe PDF, MS Word, OpenDocument
Download: Adobe PDF, MS Word, OpenDocument