Following closing of my rental properties in Greater Phoenix area (Pinal County), I have received an mail from county assessor demanding out-of-state owner to designate a statutory agent who lives in the state and who will accept legal service on behalf of the owner.
I'm just curious what would be the most cost-effective way to accomplish this new requirement, considered that I'm currently holding the properties as sole proprietary and thus no need for a registered agent? Can I designate anyone (my agent, property manager, or a friend) for that purpose? I would think for anything serious, the county should be reaching out to owner directly...
Service of process must be accomplished in state, so "reaching out" to an out of state owner won't necessarily satisfy legal notice requirements. Any person over the age of 18 can perform this function. There are companies that will perform it for a fee, but if you're looking for the most cost-effective option, a friend or family member in state will be the way to go.
Thanks, that helps! Appreciate the prompt feedback and love the BP forum!
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