This bill proposes updates to Section 12-524 of the Arizona Revised Statutes concerning real actions. The current law stipulates that an action to recover a lot must be initiated within five years if the person claiming ownership has a recorded deed and has paid taxes on the lot for at least five consecutive years. The bill modifies this language by changing "having" to "who has" and clarifying that a person who claims ownership based on a recorded deed and has paid taxes for at least five years is deemed the lawful owner of the property, unless specified otherwise.

Additionally, the bill introduces a new subsection (B) that explicitly states the section does not apply to individuals claiming title through a forged deed. It further clarifies that no person claiming under a forged deed or a deed executed under a forged power of attorney can benefit from the provisions of this section. This amendment aims to strengthen property ownership rights while addressing potential fraudulent claims.

Statutes affected:
Introduced Version: 12-524