AZ LAW BOOK

11. From two or more persons to themselves to create an estate in joint tenancy with right of survivorship. 12. Pursuant to a beneficiary deed with only nominal actual consideration for the transfer. 13. From an owner to itself or a related entity for no or nominal consideration solely for the purpose of consolidating or splitting parcels. 14. Due to a legal name change. C. Any instrument that describes a transaction that is exempt under this section shall note the exemption on the face of the instrument at the time of recording, indicating the specific exemption that is claimed. 11-1135. Transmitting affidavit or data to county assessor, Arizona state library, archives and public records and department of revenue A. The county recorder shall: 1. Place the fee or recording number of the deed and the date of recording on the original affidavit. 2. Scan the affidavit and transmit an electronic copy to the department and the Arizona state library, archives and public records, and transmit either the original or an electronic copy of the original to the county assessor. B. The county assessor shall transmit the data contained within the affidavit to the department. C. The county shall transmit the original affidavit, when no longer in active use, to the Arizona state library, archives and public records. 11-1136. Administrative and enforcement powers of department A. The department may prescribe rules that are reasonably necessary to facilitate and expedite the imposition, collection and administration of the fee imposed pursuant to this article. B. The department or its authorized agents may: 1. Examine books, papers, records or other data bearing on the correctness of any affidavit that is filed or fee that is collected pursuant to this article. 2. Require the attendance of any person and administer oaths and take testimony with respect to these matters. 11-1137. Violations; classification A. A county recorder or employee of the recorder who knowingly records any deed or contract for which a fee is charged by this article without collecting the additional fee is guilty of a class 2 misdemeanor. B. Any person who knowingly fails to provide or knowingly falsifies the information that is required by this

article on the affidavit of legal value is guilty of a class 2 misdemeanor. Title 32, Chapter 36 STATE BOARD OF APPRAISAL Article 1 General Provisions 32-3601. Definitions In this chapter, unless the context otherwise requires:

1. "Appraisal" or "real estate appraisal" means a statement that is independently and impartially prepared by an individual setting forth an opinion as to the market value of real property as of a specific date and supported by the presentation and analysis of relevant market information. 2. "Appraisal assignment" means an engagement for which a real estate appraiser is employed or retained to act, or would be perceived by third parties or the public in acting, as a disinterested third party in rendering an unbiased analysis, opinion or conclusion relating to the nature, quality, value or utility of specified interests in or aspects of identified real estate. 3. "Appraisal foundation" means the appraisal foundation incorporated as an Illinois not-for-profit corporation on November 30, 1987. 4. "Appraisal report" means any communication, written or oral, of an appraisal. 5. "Appraisal review" means the act of reviewing or the report that follows a review of an appraisal assignment or appraisal report in which a real estate appraiser forms an opinion as to the adequacy and appropriateness of the report being reviewed.

Page 196

Law Book Revised 11.02.2017