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. The bill clarifies that certain actions, such as familial relationships, well share agreements, road maintenance agreements, and the use of the same licensed contractor in counties with populations under 500,000, do not constitute unlawful acting in concert. This aims to prevent circumvention of subdivision laws.

Additionally, the bill modifies the requirements for applications to split parcels of land, mandating that applicants acknowledge the potential for investigation by county authorities or the Arizona Department of Real Estate regarding unlawful land division. It also makes technical changes to existing language, ensuring clarity in the definitions and requirements for subdividers, including the disclosure of critical infrastructure information and the conditions under which a subdivider must provide proof of water supply. Overall, the bill seeks to enhance regulatory oversight and compliance in land division practices.

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