Speculative Builder Resale Certificate

The purpose of the Certificate is to document the sale of partially improved real property from one speculative builder to another speculative builder.

Issued by: Purchaser of improved real property
Provided to: Seller of improved real property
Purpose: Pass liability of speculative builder tax to purchaser.

If the seller and purchaser of improved real property are both licensed as speculative builders for city tax purposes, then the buyer may assume the speculative builder tax liability from the seller on the improved real property. Both parties keep this document for their records.

The form does need to be sent to the Arizona Department of Revenue.