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Are "double/simultaneous closings" illegal in Arizona?

Phoenix, AZ |

I'm looking for a title company to perform a double close on a real estate investment transaction and am having a hard time finding one that says it is legal, however, I can't find any law stating they are illegal.

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Attorney answers 1


They are absolutely "legal", but perhaps there's an element in the specifics of your transaction that is giving rise to the concern expressed by the title companies you have contacted.

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