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

Ariz. Rev. Stat. § 33-748 (2026)

Seller's right to foreclose

✓ current as of May 2026
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A. If a contract provides that the seller may elect to accelerate the unpaid principal balance due to seller on the purchaser's failure to pay the monies due under the contract, the seller may only enforce the acceleration by foreclosing the contract in the manner provided by law for foreclosure of mortgages upon real property. If a purchaser is in default under the contract for reasons other than failing to pay amounts due under the contract, the seller may only foreclose the contract as a mortgage in the manner provided by law for foreclosure of mortgages upon real property.

B. If an action to foreclose a contract has been filed, a forfeiture, by judicial process as provided by section 33-744 or by notice as provided by section 33-745, shall not thereafter be completed unless the foreclosure action is first dismissed and a notice of election to forfeit is served in the manner and on the persons provided for in section 33-743.

Notes of Decisions
Cited in 3 cases (1 in the last 5 years), 1992–2026 · leading case: Midyett v. Rennat Props., Inc., 831 P.2d 868 (Ariz. Ct. App. 1992).
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Midyett v. Rennat Props., Inc., 831 P.2d 868 (Ariz. Ct. App. 1992). · cites it 2× “FACTS The Midyetts filed an action against Williams, pursuant to A.R.S. § 33-748, for breach of contract and foreclosure of the lien.”
Steinmetz v. Everyone Wins (Ariz. Ct. App. 2018). · cites it 2× “In Midyett, the Midyetts filed an action against Williams pursuant to A.R.S. § 33-748 for breach of contract and the foreclosure of their lien.”
15 Up-vw v. Luna (Ariz. Ct. App. 2026). · cites it 2× “They cite A.R.S. § 33-748. But they never identify what they believe the superior court did wrong in the foreclosure process.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.