When an instrument in writing, intended as a conveyance of real property or some interest therein, fails wholly or in part to take effect as a conveyance by virtue of the provisions of this chapter, it is valid nevertheless and effectual as a contract upon which a conveyance may be enforced, as far as rules of law permit.
A.R.S. § 33-437
Defective conveyance as contract to convey
Applied in 2 court decisions — leading case 2 Ariz. App. 424 - Keck v. Brookfield (1965)
Most recently applied in David Kester v. Citimortgage, Inc. (September 2017)
Official source: Arizona State Legislature. Reproduced from public-domain Arizona statutes; confirm against the official source for the current text. Not legal advice.