LegalFix

§ 48-984 Annual assessment installments

AZ Rev Stat § 48-984 (2019) (N/A)
Copy with citation
Copy as parenthetical citation

48-984. Annual assessment installments

A. Annual installments of principal and interest of the assessments shall be collected on the county tax roll in the manner provided in section 48-946 and the provisions of sections 48-947 and 48-952 shall apply.

B. The annual installments of the assessments shall constitute a first lien on the respective lots or parcels assessed, coequal with the lien of general taxes, not subject to extinguishment by a sale for nonpayment of general taxes prior and superior to all demands, executions, incumbrances, titles or liens whensoever created, including the lien of all special assessments thereafter levied, and shall continue until such assessment installments, with penalties, interest and charges that may accrue thereon, shall have been paid.

C. Any surplus remaining in a bond redemption fund after the bonds and interest have been paid shall be used as provided in section 48-983, subsection G.

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.
§ 48-984 Annual assessment installments