The proposed bill, if enacted, would amend existing statutes related to real estate, specifically sections 11-831 and 32-2181 of the Arizona Revised Statutes. It introduces a ten-year timeframe within which it is unlawful for individuals or groups acting in concert to divide a parcel of land into six or more lots or to sell or lease such lots. This timeframe is specified in multiple sections of the bill, including the requirement for applicants to acknowledge the potential for investigation by the county or state real estate department regarding unlawful land division attempts within this period.

Additionally, the bill clarifies that certain factors, such as familial relationships, well share agreements, and road maintenance agreements, do not alone constitute unlawful acting in concert. It also specifies that for counties with populations under 500,000, the use of the same licensed contractor or registered professional does not imply unlawful concerted action. The bill makes various technical changes and updates language to enhance clarity, while also ensuring that certain disclosures related to subdivision properties are maintained. Overall, these amendments aim to strengthen the enforcement of subdivision laws and clarify exemptions to unlawful actions in real estate transactions.

Statutes affected:
Introduced Version: 11-831, 32-2181
House Engrossed Version: 11-831, 32-2181