HOA/Condo Gyms/Fitness Centers in Maricopa and Pima Counties Can Reopen...with Restrictions! Don’t Everyone RUN at Once... Earlier this morning, the Arizona Department of Health and Safety (“DHS”) announced that Maricopa and Pima Counties have moved into the “moderate” category of COVID-19 community spread. Hooray! Please note that despite reports from earlier this week expecting Pinal County to also move categories, [...]
Author: Paige Marks, Esq. Arizona law requires associations to hold an annual meeting each year. Due to the COVID-19 pandemic, holding an annual meeting in person this year has not been an option for many associations and our firm has not advised in person meetings since around March 2020. Our firm is currently recommending that our clients hold their 2020 [...]
The economic impact of the COVID-19 Pandemic raises serious concerns for potential future increases in community association delinquencies. One important indicator related to a future increase in delinquencies is the mortgage foreclosure rates (or as they are known in Arizona, Trustee’s Sales). A mortgage foreclosure occurs when a borrower fails to remit mortgage payments and lender institutes proceedings to foreclose [...]
Even though Governor Ducey’s stay-at-home order expired on Friday, May 15th, community associations should continue to take the appropriate measures to maintain a safe and healthy environment for their owners and guests. Below is a list of best practices we recommend that all community associations take, regardless of their size: • Conduct extensive cleaning of common areas and common surfaces, [...]
The COVID-19 Pandemic has had, and will continue to have, a wide ranging impact on the global and domestic economy, which will inevitably trickle down to Arizona residents and Arizona community associations. The extent of the impact will vary from community to community; however, all boards should be thinking about the potential ramifications on the community’s budget and finances. While [...]
