AZ SB1469

Amends sections 33-1256 and 33-1807 of Arizona Revised Statutes regarding homeowners' association liens on condominium and planned community units.

Changes association liens for assessments from foreclosable liens to liens that are "effective only on conveyance of any interest in the real property," eliminating the previous requirement that liens only be foreclosed when an owner is delinquent for one year or $1,200 or more.

Maintains that association liens for assessments, late payment charges, collection fees, and attorney fees remain superior to all other liens except those recorded before the declaration, first mortgages, and tax liens.

Requires associations to apply all payments received on a member's account first to unpaid assessments and related charges, then to other unpaid fees, charges, and penalties, unless the member directs otherwise.