AZ HB2605

Changes requirement for municipalities to "may waive" preliminary plat and infrastructure standards for subdivisions of ten or fewer lots to "shall waive" these requirements, except for improved dust-controlled access and minimum drainage improvements.

Clarifies that overlapping corporate membership alone and familial relationship alone are not sufficient to constitute unlawful acting in concert to avoid subdivision laws.

Adds statute of limitations requiring the state real estate commissioner to determine violations of subdivision sales within three years of initial sale or lease date.

Requires the commissioner to record public reports and certificates of administrative completeness in the county recorder's office immediately after issuance.

Expands voidability rights for subdivision purchases to allow current owners (in addition to original purchasers and lessees) to rescind transactions for violations of subdivision requirements within three years.