Farris v. Advantage Capital Corp.

OPINION

RYAN, Justice.

¶ 1 Arizona law permits a party to a legal “action affecting title to real property” to file a lis pendens with the county recorder. Ariz.Rev.Stat. (“A.R.S.”) § 12-1191(A) (2003 & Supp.2006). The filing provides notice to interested persons that the property is subject to litigation.

¶2 The United States District Court for the District of Arizona has asked us whether a creditor’s action under Arizona’s version of the Uniform Fraudulent Transfer Act (“UFTA”), A.R.S. §§ 44-1001 to -1010 (2003), to void a debtor’s allegedly fraudulent transfer of real property and thus make…