The Phoenix Arizona Affidavit of Fixture is a legal document that is utilized in real estate transactions to address the issue of mobile or manufactured homes that have been permanently affixed to the property. This affidavit serves as proof that the manufactured home is now considered a fixture of the property, and not a separate entity. This affidavit is commonly required by lenders and title companies when financing or refinancing a property that includes a manufactured or mobile home. It is necessary to establish that the home has been permanently and lawfully affixed to the property, which means it cannot be easily removed or detached. The Phoenix Arizona Affidavit of Fixture typically includes the legal description of the property, identification details of the manufactured home, including the make, model, and serial number, as well as the name of the legal owner(s) of both the property and the manufactured home. Additionally, this affidavit may require a notary public's seal and signature to verify the authenticity and validity of the document. The notary public will confirm that the parties involved in signing the affidavit have done so willingly and voluntarily. It is important to note that there may be variations or different types of Phoenix Arizona Affidavit of Fixture, depending on the specific requirements of the lender or the county in which the property is located. These variations could include additional sections or clauses to accommodate unique circumstances or provisions. Some possible variations or types of Phoenix Arizona Affidavit of Fixture include: 1. Standard Affidavit of Fixture: This is the basic form used in most cases, providing the necessary information to establish the manufactured home as a fixture of the property. 2. Affidavit of Fixture for Leasehold Properties: In cases where the property is held under a leasehold agreement, this variation may contain additional clauses to address the unique legal relationship between the parties involved. 3. Affidavit of Fixture for Government-Owned Properties: When the property is owned by the government or a government agency, this variation may include specific requirements or provisions related to the property's ownership. 4. Affidavit of Fixture for Condominiums: In situations where the manufactured home is situated within a condominium complex, this variation may have additional sections highlighting the responsibilities and rights of the homeowner's association and the individual property owner. It is crucial to consult with a real estate attorney or a knowledgeable professional to ensure the correct type of Affidavit of Fixture is used for a specific property and that it complies with all legal requirements and regulations in the Phoenix, Arizona area.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.