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AZ HB2321

Bill

Status

Introduced

1/19/2010

Primary Sponsor

Chad Campbell

Click for details

Origin

House of Representatives

Forty-ninth Legislature - Second Regular Session (2010)

AI Summary

  • Allows cities and towns to send notice to deed of trust beneficiaries (lenders) requiring removal of rubbish, trash, weeds, debris, or dilapidated structures on residential properties when a foreclosure notice is filed.

  • Requires beneficiaries to pay any assessments levied for property cleanup and prohibits trustees from proceeding with foreclosure sale until assessment liens are released.

  • Establishes a 90-day deadline for cities, towns, or counties to issue cleanup orders after receiving a foreclosure notice; if no order is issued within this period, the beneficiary may proceed with the foreclosure sale.

  • For residential properties only, requires trustees to deliver a notice of pending foreclosure to local jurisdictions before exercising the power of sale, allowing municipalities time to address property maintenance issues.

  • Amends Arizona Revised Statutes sections 9-499 (cities/towns), 11-268 (counties), and 33-807 (foreclosure procedures) to implement these requirements.

Legislative Description

Foreclosed properties; maintenance; abatement

Last Action

Referred to House GOV Committee

1/20/2010

Full Bill Text

No bill text available