Ariz. Admin. Code § 12-5-703

Current through Register Vol. 30, No. 50, December 13, 2024

Section R12-5-703 - Commercial Leases

Division of leases. The Department may at any time divide a commercial lease into two or more separate leases when such division would, in the opinion of the Commissioner, facilitate administration and management of the subject land or would result in separating one commercial use from another.

Ariz. Admin. Code § R12-5-703

Original rule, Art. V, Subchapter B, Ch. II (Supp. 76-4). Amended by adding subsection (N) as an emergency effective January 9, 1989, pursuant to A.R.S. § 41-1026, valid for only 90 days (Supp. 89-1). Emergency expired. Readopted without change as an emergency effective June 16, 1989, pursuant to A.R.S. § 41-1026, valid for only 90 days (Supp. 89-2). Emergency expired. Section R12-5-703renumbered from Section R12-5-152 (Supp. 93-3). Amended by final rulemaking at 30 A.A.R. 2360, effective 8/19/2024.