Arizona § 28-7096 - Appraisal reports; market analyses

Full text of Arizona Arizona Revised Statutes § 28-7096 — Appraisal reports; market analyses, with citation guidance and answers to common questions.

§ 28-7096. Appraisal reports; market analyses

A. The director shall justify each acquisition or disposal under this article of real property with an estimated value of more than fifty thousand dollars by at least one appraisal report that is of sufficient scope to document and justify the economic basis for the acquisition or disposal.

B. The director may acquire or dispose of real property valued at fifty thousand dollars or less after the value has been estimated and justified by a market analysis based on comparable sales.

Source: official Arizona text · Last verified 2026-08-27

Frequently Asked Questions About Arizona § 28-7096

What does Arizona Revised Statutes § 28-7096 cover?

Section 28-7096 ("Appraisal reports; market analyses") 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 § 28-7096?

A common citation format is "Arizona Revised Statutes § 28-7096" (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 § 28-7096 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.