Category Archives: Real Estate

Consumer Fraud in Real Estate Transactions

Real estate professionals should be aware that their clients and customers have a powerful tool for obtaining damages resulting from fraud or deception.  That tool is the Arizona Consumer Fraud Act, A.R.S. § 44-1521 et seq.  This Act was initially … Continue reading

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Termites and Arizona Homeowners

The purpose of this article is to provide basic information for homeowners and real estate professionals about termites in Arizona. The subterranean termite specie that is native to the Sonoran desert of Arizona is known as Heterotermes aureus.  Subterranean termites … Continue reading

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Arbitration Clause Protects the Builder or Developer

Purchase contracts used by builders and developers of new homes often contain clauses that require all disputes between the parties to be submitted to binding arbitration.  This clause is included in purchase contracts because it protects the interests of the … Continue reading

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Caution for Arizona New Home Buyers

As the economy continues to improve after the Great Recession, there will be an increase in new home construction in Arizona.  For several reasons, new home buyers in Arizona should be careful in approaching their purchase, and should obtain the … Continue reading

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Buyer’s Broker Beware!

Most real estate professionals who handle residential transactions are familiar with the stigmatized property statute, A.R.S. § 32-2156. It provides: “A. No criminal, civil or administrative action may be brought against a transferor or lessor of real property or a … Continue reading

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Real Estate Brokers and Agents – What needs to be disclosed?

Introductory Note The following article by Craig Stephan, entitled “Real Estate Brokers and Agents – What needs to be disclosed?”, was published in the April 2006 edition of the Arizona Journal of Real Estate and Business, Vol. 21, no. 4, … Continue reading

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