Free Pima County, Arizona Buy-Sell Agreement: Complete Legal Template

Free county-specific template for Pima County residents (Pop. 1,043,433)

Sales Tax: 5.6%Notary: $10Witnesses: 1

Pima County Information

Under Arizona jurisdiction, this form meets all statutory requirements and provides comprehensive legal protection for your transaction.

For Arizona (AZ) residents, this Buy-Sell Agreement is governed by Arizona State Code. Important details: sales tax at 5.6%, notary costs of $10, and a requirement for 1 witness. The document has indefinite validity once properly executed.

Using this template ensures you're protected under Arizona law while saving time and money on legal fees.

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BUY-SELL AGREEMENT
State of Arizona

This Buy-Sell Agreement is entered into on [DATE] between:

BUSINESS: [BUSINESS NAME]
Type: [  ] Corporation [  ] LLC [  ] Partnership
State: Arizona (AZ)

OWNERS:
Owner 1: [NAME] — Ownership: [PERCENTAGE]%
Owner 2: [NAME] — Ownership: [PERCENTAGE]%

1. TRIGGERING EVENTS:
   [  ] Death of an owner
   [  ] Disability of an owner
   [  ] Retirement
   [  ] Voluntary withdrawal
   [  ] Divorce
   [  ] Bankruptcy

2. VALUATION METHOD:
   [  ] Fixed price: $[AMOUNT] (reviewed annually)
   [  ] Formula-based: [DESCRIBE]
   [  ] Independent appraisal

3. PAYMENT TERMS:
   [  ] Lump sum within [DAYS] days
   [  ] Installments over [MONTHS] months at [RATE]% interest

4. FUNDING:
   [  ] Life insurance
   [  ] Company reserves
   [  ] Promissory note

5. RIGHT OF FIRST REFUSAL: Remaining owners have [DAYS] days to match any outside offer.

This agreement is governed by Arizona law (AZ Statutes).

OWNER 1: _____________________ DATE: _____
OWNER 2: _____________________ DATE: _____

Arizona Buy-Sell Agreement Requirements

Review the following requirements to ensure your Buy-Sell Agreement is legally valid in Arizona.

Notarization required
1 witness must sign
Vehicle identification number (VIN) required
Odometer disclosure mandatory
Buyer and seller signatures required
Purchase price must be stated
Date of sale required
Blue or black ink only
Electronic signatures accepted
County clerk filing required

Arizona Notarization

While notarization may not be required in Arizona, it is recommended. Fees range from $10.

Before You Sign

Review all information carefully. In Arizona, a 5.6% sales tax may apply.

Legal Protection

Keep copies of all signed documents. Arizona law requires all parties to receive copies of executed documents.

Arizona Filing Deadlines

Check Arizona deadlines for filing or recording this document with the appropriate county clerk's office.

Buy-Sell Agreement Costs in Arizona

Estimated fees and processing times

Fee TypeCostNotes
Notary Fee$5-$15 (if required)Arizona standard rate: $10
Filing FeeVaries by stateState registration (if applicable)
Processing Time1-3 business daysTypical turnaround in Arizona
Sales Tax5.6%Arizona base rate (local taxes may apply)
Witness Requirement1 witnessSingle witness sufficient
Our TemplateFREEDownload instantly, no cost
Fees shown are Arizona-specific estimates. Contact your local office for exact pricing.

Filing Your Buy-Sell Agreement in Pima County

Residents of Pima County (1,043,433 population) can use this template for plan for ownership transfer in a business. This document complies with Arizona state law.

County Filing Steps

  1. Download and complete the Buy-Sell Agreement template
  2. Gather 1 witness as required by Arizona law
  3. Visit the Pima County Clerk's Office for filing
  4. Pay applicable county filing fees
  5. Keep copies for all parties involved

FAQ: Buy-Sell Agreement in Pima County, Arizona

Is a Buy-Sell Agreement required in Arizona?

Yes, in Arizona, a Buy-Sell Agreement is required for most transactions of this type. Under Arizona State Code, the document must include all parties' information, be signed, and witnessed by at least one individual. Failure to use a proper Buy-Sell Agreement may result in legal complications.

Does a Buy-Sell Agreement need to be notarized in Arizona?

Notarization requirements in Arizona (AZ) vary by transaction type. Notary fees in the state typically range from $10. While not always mandatory, notarization adds an extra layer of legal protection and is recommended for high-value transactions.

What are the tax implications of a Buy-Sell Agreement in Arizona?

Arizona has a base sales tax rate of 5.6%. Depending on the type of transaction documented in your Buy-Sell Agreement, additional local taxes may apply. Consult with a Arizona tax professional for specific guidance on your situation.

Where do I file a Buy-Sell Agreement in Pima County?

In Pima County, you can file your Buy-Sell Agreement at the Pima County Clerk's Office. Contact them for specific filing requirements, hours, and fees. Population served: 1,043,433 residents.

SMJ
Reviewed & Fact-Checked

Sarah Mitchell, J.D.

Legal Document Specialist

Licensed Attorney, 15+ years experience

Specializes in contract law and legal document preparation

This Buy-Sell Agreement template for Arizona has been reviewed for accuracy and legal compliance.

Last reviewed: March 2026

Location Information

County
Pima County
State
Arizona (AZ)
Population
1,043,433
Document
Buy-Sell Agreement
Sales Tax
5.6%
Notary Fee
$10

Arizona Legal Requirements

Governing Statute:

State Law

  • Consult with a licensed attorney for specific requirements
View All Arizona Templates

Legal Disclaimer

This template is for informational purposes only. County-specific ordinances in Pima County may apply. For legal advice, consult a licensed attorney in Arizona.