The proposed bill would amend current statutes regarding the conveyance of real property by introducing new requirements for the acceptance of deeds. Under the current law, a deed must be signed by the grantor and duly acknowledged, but the bill adds that it must also be signed by the grantee or the grantee's authorized agent. Additionally, it stipulates that a deed or conveyance cannot be accepted for recording unless the grantee's acceptance is evidenced by their signature or a separate certificate or resolution of acceptance.

The bill also prescribes a specific form for the certificate or resolution of acceptance, which must be attached to or printed on the deed. This new language aims to ensure that the acceptance of the conveyance is clearly documented, thereby enhancing the formal requirements for real property transactions. Overall, the bill seeks to clarify and strengthen the legal framework surrounding property conveyances in Arizona.

Statutes affected:
Introduced Version: 33-401