LegalFix

§ 12-807 Application of proceeds of sale; sale of building to make up deficiency

AZ Rev Stat § 12-807 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

12-807. Application of proceeds of sale; sale of building to make up deficiency

A. The proceeds of sale of the property shall be applied in the following order:

1. To the fees and costs of the removal and sale.

2. To the allowances and costs of closing and keeping the building or place closed.

3. To the payment of plaintiff's costs in the action.

4. The balance, if any, shall be paid to the owner of the property sold.

B. If the proceeds of the sale do not fully discharge all the costs, fees and allowances, the building and place shall then also be sold under execution issued upon order of the court or judge and the proceeds of the sale applied in like manner.

LegalFix

Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.

LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.

The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.

You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.

The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.

Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.

We have updated our Terms of Service, Privacy Policy, and Disclosures. By continuing to browse this site, you agree to our Terms of Service, Privacy Policy, and Disclosures.
§ 12-807 Application of proceeds of sale; sale of building to make up deficiency