A.R.S. 33-1101 lets a resident 18 or older hold a homestead exempt from many forced sales, not exceeding $400,000 before the annual inflation adjustment that began in 2024. The Department of Revenue says this is not a property-tax exemption. One homestead per person or married couple.
A primary residence is class 3 and is assessed at 10 percent of value. Limited property value generally rises by no more than 5 percent a year. The first installment is due October 1 and delinquent after November 1. The second is due March 1 and delinquent after May 1.
The Arizona Department of Revenue says a real-property owner appeals valuation or classification within 60 days of the Notice of Value. The assessor must rule by August 15. A second-level appeal to the Board of Equalization is due within 25 days after the assessor mails the decision.
A.R.S. 32-2183 says a subdivider shall not sell or lease lots without a public report from the Real Estate Commissioner, with stated exceptions. A sale before the report is issued, or a failure to deliver it, is rescindable. The lawsuit must be brought within three years after the buyer signs.
A.R.S. 33-422 applies when a seller transfers five or fewer parcels, other than subdivided land, in an unincorporated area. The affidavit is due at least seven days before transfer. The buyer may rescind for five days after it is furnished. A subdivision house is a different rule.
Arizona's senior freeze locks your home's taxable value for three years, not your tax bill. Here are the age, residency and income rules, plus what changed under SB1224.