Arizona § 20-514 - Valuation of purchase money mortgages
Full text of Arizona Arizona Revised Statutes § 20-514 — Valuation of purchase money mortgages, with citation guidance and answers to common questions.
§ 20-514. Valuation of purchase money mortgages
Purchase money mortgages on real property referred to in subsection A of section 20-513 shall be valued in an amount not exceeding the acquisition cost of the real property covered thereby or ninety per cent of the fair value of such real property, whichever is less.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 20-514
What does Arizona Revised Statutes § 20-514 cover?
Section 20-514 ("Valuation of purchase money mortgages") is part of the Arizona Revised Statutes, the codified statutory law of Arizona. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arizona § 20-514?
A common citation format is "Arizona Revised Statutes § 20-514" (Arizona). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arizona law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arizona official source linked on this page or consult a licensed Arizona attorney.
How does Arizona § 20-514 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arizona can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arizona.