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§ 42.18116 — Arizona Law | CourtGPT
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Arizona Legal Code

§ 42.18116

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42-18116. Payment; resale or recovery on reneged bid; processing fee A. The purchaser of a tax lien shall pay the purchase price in cash at a time the county treasurer determines but within fifteen days after the close of the sale. B. If the purchaser fails to pay the amount due: 1. The county treasurer shall resell the tax lien if the sale has not been closed. 2. If the sale has been closed, the treasurer may either: (a) Recover the amount bid by civil action in a court of competent jurisdiction. (b) Prohibit the purchaser who failed to pay the amount due from purchasing tax liens from any county in this state for a period of not more than one year. C. The purchaser shall pay a processing fee of not more than $10 per tax lien. The treasurer shall deposit monies collected pursuant to this subsection in the taxpayers' information fund established by section 11-495.

Source: https://www.azleg.gov/ars/42/18116.htm· Version 2026