A copy of a property tax bill can be accessed, downloaded, and printed from the website of the County Treasurer of the county in which the property is located. In a typical real estate transaction taxes are prorated, and the buyer is given credit for the seller's portion.Arizona has a slightly different process for buying homes than elsewhere: it relies on an escrow process, where a neutral third party holds funds. The escrow process starts in Arizona when the purchase contract between the buyer and seller is finalized. Understand what you'll likely pay in taxes when selling a house in Arizona, including capital gains and property taxes. Lawyers Title has prepared this in-depth escrow guide for agents, buyers, and sellers in Arizona, California, and Nevada. There is a one time premium paid at the close of escrow, and the coverage extends for as long as the buyer and their heirs hold an interest in the property. What The Escrow Company Does. 04. Arizona does not perform "Table" closings. To provide notice of the recorded document, the escrow agent shall participate in the notification system established pursuant to section 11-467.