Real Estate 101

(Everything You Want To Know About Arizona Real Estate But Were Afraid To Ask)

Arizona has some of the toughest real estate laws in the United States. This section of our website is dedicated to educating you about what to expect when buying real estate in Arizona. Over the next several months, We'll be expanding this section with ton of information about the entire process - contracts, lending, agency, title, escrow, due diligence, zoning and planning, and much more.

ROK Real Estate specializes in buying and selling the Phoenix, Scottsdale, Paradise Valley, Cave Creek, Carefree, New River, Tempe, Chandler, Gilbert, Mesa, Laveen, Glendale, Surprise, Peoria, Litchfield Park, Goodyear, Buckeye, Avondale, and surrounding areas of Maricopa County, Arizona.

Real Estate Licensees are not the same as REALTORS. Licensees have a State-issued license, while REALTORS are licensees that also belong to the National Association of Realtors (NAR) and subscribe to the NAR Code of Ethics. ROK Real Estate Associates are REALTORS and typically have advanced training, designations, and certifications.

 

Important Documents

General Interest:

1031 Exchange Manual

CLUE Homebuyer Brochure

HUD1 Settlement Statement

 

Arizona-specific:

Arizona Law Book

Arizona Consumer Advisory

Pool & Barrier Laws

 

Some of the standard forms used for Arizona residential real estate transactions from the Arizona Association of Realtors:

Additional Clause Addendum

AS-IS Addendum

Buyer Advisory

Buyer-Broker Agreement

Buyer's Inspection Notice and Seller response ("BINSR")

HOA Condo Planned Community Addendum

Lead-Based Paint Disclosure

Loan Status Report

Pool Safety Notice

Real Estate Agency Disclosure

Residential Purchase Contract

Residential Lease Agreement

Seller Property Disclosure Statement ("SPDS")

Short Sale Addendum

Unrepresented Seller Compensation Agreement

 

last updated 06 Oct 2008