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What is Property Value Affidavit

The Affidavit of Property Value is a legal document used by buyers and sellers in Arizona to provide property transaction details for valuation and tax assessment.

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Who needs Property Value Affidavit?

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Property Value Affidavit is needed by:
  • Home buyers involved in real estate transactions
  • Home sellers preparing for a property sale
  • Real estate agents facilitating property transfers
  • Tax assessors requiring property valuation data
  • Notaries public for document notarization

How to fill out the Property Value Affidavit

  1. 1.
    Access pdfFiller and search for the Affidavit of Property Value form using the search bar.
  2. 2.
    Open the form in the editor. You will find a user-friendly interface with fillable fields.
  3. 3.
    Before you start completing the form, gather necessary information such as parcel identification numbers, names, addresses, and sale price.
  4. 4.
    Click on each field to fill in the required information. The form has designated areas for both the seller and buyer details.
  5. 5.
    Review all entered data to ensure accuracy. Pay special attention to spelling and completeness to avoid delays.
  6. 6.
    Once completed, check the instructions to make sure all required fields are filled, including signatures.
  7. 7.
    Finalizing the form involves clicking the 'Submit' or 'Done' button in pdfFiller, followed by choosing either to save or download the filled form.
  8. 8.
    You can save it to your device as a PDF or choose to submit directly to the County Recorder as per local guidelines.
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Any buyer or seller involved in a real estate transaction in Arizona is eligible to use the Affidavit of Property Value for property transfers.
The Affidavit should be submitted at the time of the property transaction, typically along with other required documents to avoid delays in processing.
The completed Affidavit of Property Value must be submitted to the County Recorder's office in your local jurisdiction. Ensure to check if you need to submit in person or online.
Generally, identification and proof of the real estate transaction, such as the purchase agreement or title deed, should accompany the Affidavit of Property Value for verification.
Ensure all fields are filled out completely and accurately. Double-check the names, addresses, and signatures to avoid processing errors or rejections.
Processing times can vary by county, but generally, it takes a few days to a couple of weeks for the Affidavit to be processed after submission.
Yes, the Affidavit must be notarized to be valid, which ensures that the document is legally binding and meets state requirements.

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