Do Certificates of Assured Water Supply transfer to a new owner?
Not at the present time. Certificates of Assured Water Supply are tied to the owner of the subdivision and the plat that was reviewed prior to issuance of the Certificate. If the ownership of the subdivision changes, in whole or in part, the new owner must apply for their own Certificate of Assured Water Supply for the lots that they have purchased and intend to develop. It is important to note that all entities that will be appearing on the public report from the Arizona Department of Real Estate must be listed on the Certificate of Assured Water Supply in order for the Certificate to be valid. This includes contracting and sales branches of the same parent company.
