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AZ HB2460

Bill

Status

Introduced

1/23/2013

Primary Sponsor

David Gowan

Click for details

Origin

House of Representatives

Fifty-first Legislature - First Regular Session (2013)

AI Summary

  • Adds section 33-1818 to Arizona Revised Statutes regulating master association dues for age-restricted planned communities.

  • Requires that members of age-restricted planned communities only pay master association dues if mandated by community documents or master association documents.

  • Limits master association dues to the lesser of: (a) the cost to provide services supporting the age-restricted community's use of common areas, or (b) no more than 20 percent of the master association's regular assessments and dues.

  • Allows individual members of age-restricted planned communities the option to voluntarily make full payment to the master association at their discretion.

Legislative Description

Homeowners' associations; master association dues

Last Action

Referred to House GOV Committee

1/24/2013

Full Bill Text

No bill text available