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AZ HB2301
Bill
Status
1/17/2012
Primary Sponsor
Daniel Patterson
Click for details
AI Summary
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Requires cities and towns to notify the beneficiary of a deed of trust when issuing removal orders for rubbish, trash, weeds, or dilapidated structures on residential foreclosed properties, with the beneficiary treated as a proper party to enforcement actions.
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Gives cities, towns, and counties 90 days after receiving notice of pending foreclosure to issue removal or abatement orders to the deed of trust beneficiary; failure to issue an order within 90 days waives the authority to order removal against the beneficiary.
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Requires the trustee to pay all assessments levied for removal or abatement of hazards on trust property and allows the trustee to proceed with foreclosure sale only after recording a release of the assessment lien.
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For residential property, delays the trustee's power of sale until after delivery of notice of pending foreclosure to the local government and until compliance with any removal or abatement orders issued by the city, town, or county.
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Modifies foreclosure procedures in Arizona Revised Statutes sections 9-499, 11-268, and 33-807 to incorporate these new requirements for residential properties in foreclosure.
Legislative Description
Foreclosed properties; maintenance; abatement
Last Action
Referred to House GOV Committee
1/18/2012