In which of the following scenarios would a home likely be excluded from Arizona’s anti-deficiency protections?

A home is likely to be excluded from Arizona’s anti-deficiency protections when it consists of multiple units. Arizona’s anti-deficiency statutes provide protections primarily for single-family residences. When a property has multiple units, such as duplexes, triplexes, or larger multifamily buildings, it is classified differently in terms of the law.

This distinction is crucial because anti-deficiency protections are designed to safeguard homeowners from being pursued for the deficiency balance (the amount owed on a property loan exceeding the property’s value) after foreclosure, applying mainly to owner-occupied, single-family homes. Multi-unit properties often fall under investment or commercial property regulations, which do not enjoy the same protections as a primary residence would, leaving the owner vulnerable to deficiency judgment.

In contrast, a primary residence, a loan taken out after January 2015, or a large parcel of agricultural land may still qualify for anti-deficiency protections under certain conditions defined by Arizona law. These elements would not outright exclude a property from receiving the benefits afforded by the anti-deficiency statutes.