Tommy DobczykOpportunity Zone Advisor, OZ Wizard · Director of Development | Certified Opportunity Zone Advisor

Arizona Affidavit of Property Value: Transferring Property Easily! #shorts

29 Mar 2026 · 1 min

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In this YouTube short, Tommy Dobczyk explains Arizona's Affidavit of Property Value, a legal statement made under penalty of perjury that declares a property's value without needing a professional appraiser. He highlights that transfers between related parties (e.g., friends) can be exempt from certain requirements, allowing a quick transaction. The process involves signing the deed and the affidavit, then appearing together with the other party before a notary for in‑person notarization to ensure transparency and legal compliance.

Chapters

The affidavit of property value. This is important. You can see here that in Arizona, it requires an affidavit of property value. Affidavit is a legal document saying, I'm, I'm stating legally under perjury, a risk of perjury, that I believe this property is valued at X. I don't need an appraiser to do it, but I can do it based on what I know. And I can go out there and do that. For that affidavit of property value though, what I can do is I can exempt it and say the transfers between related parties. And Rick and I already know each other, we're good friends, we can do this real quick, get it done, sign that, we sign the deed, we sign this, and we take it in to get it notarized. Gotta do the notarization in person together. Rick and I have to go up in front of the notary, they agree, we all agree, it stays all transparent this way.