How much may I accept as a security deposit?
A security deposit may not exceed an amount greater than one and a half month’s rent. However, a separate refundable pet deposit in addition to the security deposit may be permitted if the tenant voluntarily agrees.
Am I required to register my rental property?
It is required that all owners of residential rental property file with the county assessor’s office where the property is located. Registration information must include a name, address, telephone number of the owner; or company information for any organized corporation, limited liability company or partnerships. If an owner of Arizona residential rental property does not reside in the state, they shall designate a county assessor, legal representative or agent who will accept legal services on behalf or the owner. This is per Arizona Revised Statutes Section 33-1902.