Individuals and entities can use an Arizona Deed of Trust when they want to buy real property with a loan. This type of deed can secure the deal by involving a neutral third party - a trustee - that will hold the title to the real property until a borrower has paid back their loan to a beneficiary. Deeds of trust in this state are governed by Title 33, Chapter 6.1 of the Arizona Revised Statutes, where individuals can find all of the applicable definitions (33-801), information on how to describe the real property in the deed (33-802), and other details.
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