homeowners' associations; foreclosure process
Take action
Record your position on this measure.
Create an account to record your position, submit testimony, or contact your legislator.
Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill modifies Arizona statutes regarding the foreclosure process for homeowners' associations (HOAs) and planned communities. It clarifies the priority of common expense liens, establishes a minimum delinquency period before foreclosure can be initiated (18 months or $10,000 in unpaid assessments), and outlines specific notice requirements for delinquent homeowners. The bill also addresses the enforcement of unit owner expenses as liens and clarifies the association’s ability to collect payments.
Key provisions
- Establishes an 18-month or $10,000 delinquency threshold for initiating foreclosure proceedings for common expense liens.
- Requires associations to provide written notice to homeowners 30 days before initiating collection activity or engaging an attorney.
- Clarifies the priority of common expense liens relative to other liens and encumbrances.
- Defines the process for applying payments to delinquent accounts, prioritizing assessments and fees.
- Specifies that unit owner expenses are not enforceable as common expense liens.
- Outlines requirements for providing account statements to lienholders, escrow agents, and unit owners.
- Prohibits the transfer of debt for common expense liens or unit owner expenses.
- Addresses the use of agents to collect payments and the imposition of convenience fees.
Who is affected
- Homeowners
- Homeowners' Associations (HOAs)
Bill text
Read the latest version inline or switch to a previous version.
Text extraction is in progress. View the official source.
Sponsors
Official sponsors from legislative records.
1 on record
Primary sponsor
Arguments
Reasons offered for and against this legislation.
Arguments in favor
No arguments in favor have been submitted.
Submit yoursArguments opposed
No arguments opposed have been submitted.
Submit yours