Ariz. Rev. Stat. » Title 33
Arizona Revised Statutes

Ariz. Rev. Stat. § 33-202 (2026)

Estates as property interest; freeholds; chattels real; chattel interests

✓ current as of May 2026
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A. Estates of inheritance and for life are freehold estates, except that an estate for the life of a third person, whether limited to heirs or otherwise, is a freehold only during the life of the grantee or devisee, and after his death is a chattel real.

B. Estates for years are chattels real.

C. Estates at will or by sufferance are chattel interests, but are not liable as such to sale on execution.

Notes of Decisions
Cited in 1 case, 1957–1957 · leading case: Harbel Oil Co. v. Steele, 318 P.2d 359 (Ariz. 1957).
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Harbel Oil Co. v. Steele, 318 P.2d 359 (Ariz. 1957). · cites it 2× “1939 (A.R.S. § 33-202). The assignment of the Cruthirdslease for a term of four years and five months (or more if the loan remains unpaid) is a chattel real.”
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