Arizona Statutes

§ 14-3910 — Purchasers from distributees or transferees protected

Arizona·Title 14 Arizona Revised Statutes·Ch. 3 PROBATE OF WILLS AND ADMINISTRATION·Art. 9 Special Provisions Relating to Distribution
If property distributed in kind or a security interest therein is acquired for value by a purchaser from or lender to a distributee who has received an instrument or deed of distribution from the personal representative, or is so acquired by a purchaser from or lender to a transferee from such distributee, the purchaser or lender takes title free of rights of any person interested in the estate and incurs no personal liability to the estate, whether or not the distribution was proper or supported by court order and whether or not the authority of the personal representative was terminated prior to execution of the instrument or deed. This section protects a purchaser from or lender to a distributee who as personal representative has executed a deed of distribution to himself, as well as fr

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