Finance

Arizona's anti-deficiency statute (A.R.S. § 33-729) generally prohibits a lender from obtaining a deficiency judgment after a trustee's sale (non-judicial foreclosure) on:

Q: Arizona's anti-deficiency statute (A.R.S. § 33-729) generally prohibits a lender from obtaining a deficiency judgment after a trustee's sale (non-judicial foreclosure) on:

Arizona's anti-deficiency statute (A.R.S. § 33-729) bars a lender from seeking a deficiency judgment after a non-judicial trustee's sale on a purchase-money loan secured by a one- or two-family dwelling on 2.5 acres or less, protecting homeowners from additional liability.

AAll commercial real estate loans

BA purchase-money mortgage on a single-family or two-family dwelling on 2.5 acres or less✓ Correct

CAny loan where the borrower files for bankruptcy

DInvestment property loans under $1,000,000

Explanation

Arizona's anti-deficiency statute (A.R.

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