land divisions; disclosure affidavit; recording

This bill amends Arizona law to require sellers of small land parcels in unincorporated areas to provide buyers with a written disclosure affidavit at least seven days before the sale. The document must detail critical property conditions, including legal and physical access, road maintenance status, flood risks, soil stability, and the availability of essential utilities like water, sewer, and electricity. Sellers are prohibited from waiving liability for any false or missing information in this affidavit, and buyers gain a five-day right to cancel the transaction after receiving it. Additionally, the law mandates that these affidavits be recorded alongside the deed and clarifies that county officials and licensed escrow agents are not responsible for verifying the accuracy of the statements made within the form.