Arizona § 33-723 Right of junior lien holder upon foreclosure action by senior lien holder

Arizona Statutes

§ 33-723 — Right of junior lien holder upon foreclosure action by senior lien holder

Arizona § 33-723

Title 33Arizona Revised Statutes

Ch. 6MORTGAGES

Art. 2Foreclosure

This text of Arizona § 33-723 (Right of junior lien holder upon foreclosure action by senior lien holder) is published on Counsel Stack Legal Research, covering Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Ariz. Rev. Stat. Ann. § 33-723 (2026).

Text

Any time after an action to foreclose a mortgage or deed of trust is brought, and prior to the sale, a person having a junior lien on the property shall be entitled to an assignment of all the interest of the holder of the mortgage or deed of trust by paying him the amount secured, with interest and costs, together with the amount of any other superior liens of the same holder. The assignee may then continue the action in his name.

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Any time after an action to foreclose a mortgage or deed of trust is brought, and prior to the sale, a person having a junior lien on the property shall be entitled to an assignment of all the interest of the holder of the mortgage or deed of trust by paying him the amount secured, with interest and costs, together with the amount of any other superior liens of the same holder. The assignee may then continue the action in his name.