Arizona § 33-723 - Right of junior lien holder upon foreclosure action by senior lien holder
Full text of Arizona Arizona Revised Statutes § 33-723 — Right of junior lien holder upon foreclosure action by senior lien holder, with citation guidance and answers to common questions.
§ 33-723. Right of junior lien holder upon foreclosure action by senior lien holder
Any time after an action to foreclose a mortgage or deed of trust is brought, and prior to the sale, a person having a junior lien on the property shall be entitled to an assignment of all the interest of the holder of the mortgage or deed of trust by paying him the amount secured, with interest and costs, together with the amount of any other superior liens of the same holder. The assignee may then continue the action in his name.
Source: official Arizona text · Last verified 2026-08-27
Frequently Asked Questions About Arizona § 33-723
What does Arizona Revised Statutes § 33-723 cover?
Section 33-723 ("Right of junior lien holder upon foreclosure action by senior lien holder") 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 § 33-723?
A common citation format is "Arizona Revised Statutes § 33-723" (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 § 33-723 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.