AZRE March/April 2022

Page 40

BUILDING IN INDIAN COUNTRY

CHALLENGES AND OPPORTUNITIES Commercial development of Native American land is booming and now more complicated

N

ew challenges with title insurance for Native American land transactions are daunting but can certainly be overcome. Solutions that may have worked a year ago very well may not work today. Developers and tenants should be prepared for potentially significant delays in completing their transactions while the parties work to satisfy tighter title insurance underwriting standards and navigate each Community’s unique title process.

38 | March-April 2022

TITLE RISKS ABOUND AS COMMERCIAL DEVELOPMENT ON NATIVE AMERICAN LAND BOOMS

James Bond Real Estate

Commercial development is booming at both Salt River PimaMaricopa Indian Community and Gila River Indian Community. Numerous retail, industrial and even office projects are under construction at both Communities. Due to each Community’s proximity to freeways,


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