The loan was hand written and signed by all parties
Real Estate Attorney
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Contracts / Agreements Lawyer
The so-called “anti-deficiency statute” is found in the Deeds of Trust section of Arizona law. It is triggered by the existence of a deed of trust securing the property. See ARS 33-814. No deed of trust (or in some cases a mortgage under ARS 33-719), no protection against deficiency liability.
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