property sale; notice; escrow agents

HB 2842 requires escrow agents in Arizona to report specific property details to the state department when handling real estate sales or transfers. This includes owner names, property identification numbers, physical addresses, escrow company names, and contact information. The bill also establishes a voluntary "early alert system" allowing property owners to opt in for email or text notifications about pending sales. These changes directly affect escrow agents (who must comply with reporting) and property owners (who can choose to receive alerts). The law aims to improve transparency in property transactions through standardized data sharing.