The proposed bill HB2007 amends existing Arizona law regarding civil penalties for subdividers or agents who violate regulations related to the sale or lease of subdivided lands. Under current law, violators can be assessed a civil penalty of up to $2,000 for each infraction. The new bill changes this to impose a civil penalty of up to $2,000 for each lot where a violation occurs, thereby increasing potential penalties for violations affecting multiple lots.

Additionally, the bill makes technical changes to the language regarding the imposition of civil penalties and the timeframe for initiating proceedings against violators. It clarifies that proceedings to impose civil penalties or suspend/revoke licenses must be commenced within five years of the department's actual discovery of the violation. Overall, the bill aims to strengthen enforcement against unlawful practices in real estate transactions involving subdivided lands.

Statutes affected:
Introduced Version: 32-2185.09
House Engrossed Version: 32-2185.09