Arizona Statutes

§ 9-407 — Exchange and sale of real property; notice of intent

Arizona·Title 9 Arizona Revised Statutes·Ch. 4 GENERAL POWERS·Art. 1 Purchase, Sale or Lease of Property
A.Any incorporated city or town may by ordinance authorize an exchange of a parcel of real property owned by that city or town for any other parcel of real property if the parcels of real property are of substantially equal value and the exchange meets the terms and conditions prescribed in the ordinance.
B.Any incorporated city or town may sell a parcel of real property to another political subdivision without following the procedures prescribed in sections 9-402 and 9-403.
C.A notice of intent to exchange or sell any property pursuant to this section shall be published pursuant to section 39-204 before the exchange or sale.

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Related

MacKey, Schuessler, Bayly v. Mayor and Council of the City of Tucson
96 P.3d 231 (Court of Appeals of Arizona, 2004)
2 case citations

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