Finance
Arizona's anti-deficiency statute protects borrowers from a deficiency judgment after a trustee's sale on:
AAll types of real property loans
BDwellings of 2.5 acres or less that are single-family or two-family residences used as the dwelling of the borrower✓ Correct
CCommercial properties only
DProperties with more than 4 units
Explanation
Arizona's anti-deficiency statute (A.R.S. § 33-814) prohibits lenders from seeking deficiency judgments after a trustee's sale on qualifying properties: 2.5 acres or less, single-family or two-family residence, used as the borrower's dwelling.
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