ARS § 37-243
If a purchaser of leased school or university land is behind on rent, or never took out a permit or paid rent, the purchaser must pay the arrears to the department before a certificate of purchase is issued. If no rent was set, a use-and-occupation charge applies, and interest is added at 5% per year.
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- Jurisdiction
- United States — Arizona
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- Act or statute
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- Undated source snapshot
- Language
- en
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arrears interest lease payments
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ARS § 37-243
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