HB 2611 Summary

• Amends sections 32-2181, 32-2182, and 32-2183 of Arizona Revised Statutes relating to the sale of subdivided lands.

• Adds new subsection K to section 32-2181 exempting subdividers from disclosing items located more than one mile from subdivision boundaries, with exception for foreign nations or tribal lands within one mile radius.

• Modifies section 32-2182 to allow developers to outsource and pay for physical inspection costs if approved by the department.

• Establishes a five-year statute of limitations in section 32-2182 for the commissioner to determine if a sale or lease violated subdivided lands regulations.

• Adds "initial" requirement in section 32-2183 that subdividers must provide public reports to initial prospective customers and buyers before they sign purchase or lease agreements.