The proposed bill seeks to amend the definition of "Residential rental property" in section 33-1901 of the Arizona Revised Statutes. Currently, the definition specifies that residential rental property is property used solely for leased or rented residential purposes. The bill would expand this definition to include properties that are rented to lodgers for periods of less than thirty days, thereby broadening the scope of what constitutes residential rental property.
In addition to this insertion, the bill does not propose any deletions from the existing statute. The current language regarding mobile home parks and the exclusion of mobile homes or recreational vehicles owned by tenants remains unchanged. This update aims to clarify and modernize the definition of residential rental property to encompass short-term rentals, reflecting current trends in the rental market.
Statutes affected: Introduced Version: 33-1901