Guarantors Can Waive Anti-Deficiency Protections
By: Richard H. Herold and Ben Reeves In Arizona, guarantors can now be held liable for deficiencies even where borrowers avoid liability due to Arizona’s anti-deficiency statute. Arizona courts have been active in the last few years in addressing the law governing post-trustee’s sale deficiencies under Arizona’s anti-deficiency statute, A.R.S. §33-814(G), which provides that no […]
|
3 min read
|
Tagged: A.R.S. 33-814, anti-deficiency, Arizona Bank & Trust v. Barrons, guaranty, waiver
Ben Reeves
Partner