What is a Disclosure Statement and Who Can Charge it?
By Beth Mulcahy, Esq. An association may charge a “disclosure fee” to compensate the association for the costs incurred in the preparation of a disclosure statement furnished by the association pursuant to A.R.S. Section 33-1806 (planned community)/33-1260 (condo). Requirements for a Disclosure Statement A brief summary of the requirements for a disclosure statement pursuant to these sections follows: For planned [...]