A to Z · 1055 Terms

Real estate & finance, demystified.

The jargon can be exhausting. Here’s a plain-English glossary covering real estate, lending, investment, and the business-finance ecosystem that surrounds them.

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Arizona Real Estate Law

A.R.S. Title 32 Chapter 20

The Arizona Revised Statutes chapter that governs real estate licensing, transactions, and disclosures.

Arizona Real Estate Law

AAR

Arizona Association of REALTORS® — provides the standard contract forms used in most AZ transactions.

Arizona Real Estate Law

AAR Counter Offer

The standard AAR form used to modify and respond to a purchase offer in Arizona.

Arizona Real Estate Law

AAR Residential Resale Purchase Contract

The most common AZ contract form for resale single-family home purchases.

Arizona Real Estate Law

Active Management Area (AMA)

Designated AZ regions with strict groundwater regulations under the 1980 Groundwater Management Act.

Arizona Real Estate Law

Adequate Water Supply Determination

Required disclosure outside Active Management Areas confirming a water supply for new subdivisions.

Arizona Real Estate Law

ADRE

Arizona Department of Real Estate — the state agency that regulates licensees and enforces real estate law.

Arizona Real Estate Law

ADRE Disciplinary Action

Penalties (fines, suspension, revocation) the ADRE Commissioner may impose for license violations.

Arizona Real Estate Law

Affidavit of Affixture

An AZ filing converting a manufactured home from personal property to real property.

Arizona Real Estate Law

Affidavit of Property Value (APV)

A document filed at AZ closings stating the sale price for assessor records.

Arizona Real Estate Law

ALTA Plain Language Closing Form

A simplified closing statement used in many Arizona transactions to make charges clear.

Arizona Real Estate Law

Arizona 20-Day Preliminary Notice

A required notice contractors must serve within 20 days to preserve mechanic’s lien rights in AZ.