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Arizona A.R.S. § 33-812 Explained: Who Gets Excess Money After a Trustee’s Sale?
When an Arizona property is sold through a trustee’s sale for more than the amount needed to satisfy certain debts and sale expenses, money may remain. These Arizona trustee’s sale excess proceeds can sometimes be claimed by a former property owner, a junior lienholder, a homeowners’ association, an heir, or another person with a valid legal interest.
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