This bill proposes several updates to the Arizona Revised Statutes concerning condominiums and planned communities. Key changes include a redefinition of "Assessment" to clarify that it refers to the association's charges for common expenses based on each unit owner's liability, rather than a share of common expenses. The bill also modifies the definition of "Common expenses" to include not only expenditures for maintenance and operation but also administrative and operational expenses authorized in the declaration. Additionally, the bill introduces new provisions regarding the handling of unit owner charges, emphasizing that any charge assessed in violation of the declaration is invalid and unenforceable.

Furthermore, the bill establishes new requirements for associations regarding the maintenance of accurate records for each unit, including the distinction between common expense liens and other charges. It mandates that associations make good faith efforts to resolve contested charges and allows unit owners to challenge any contested charges in court. The bill also specifies that if the association fails to comply with notice requirements before initiating collection activities, all subsequent collection costs become uncollectible. Overall, these updates aim to enhance transparency, accountability, and fairness in the management of condominium and planned community associations.

Statutes affected:
Introduced Version: 33-1202, 33-1256, 33-1802, 33-1807, 33-1241, 33-1246, 33-1217, 33-1255, 33-1243, 33-1212, 6-801, 33-741, 33-1242, 33-1801