The 2022 Arizona Legislature has introduced a large number of HOA/condo bills after two relatively quiet years of a COVID legislature.
The new bills pertaining to HOAs and condos fall into several categories such as permitted flags, green bills regarding artificial grass or solar/water conservation, vacation/short term rentals, amending association documents, assessment liens, homestead exemptions and political signs. There are several similar bills so it will be interesting to see which ones move forward.
An interesting trend by Legislature is to introduce bills that have really bad changes and then really good changes (maybe they legislature is trying to balance things out with good and bad in the same proposed law…):
1. Revamp of Lien sections to include the ability to charge reasonable interest if allowed under documents but some parts are not great such as making a HOA lien subject to the homestead exemption and expanding the amount under the homestead exemption.
2. Improvement on two things that negatively impact HOAs/condos such as removing the requirement to send statement of account to all members every month and removing the requirement for management company to send a letter to owners and wait 30 days prior to sending a delinquent owner to an Attorney.
To view Mulcahy Law Firm, P.C.’s 2022 Summary of Pending Arizona Legislation Impacting HOA/Condos click HERE. Please contact Beth Mulcahy, Esq. with any questions at bmulcahy@mulcahylawfirm.com.
