AZ HB2068

Amends Arizona Revised Statutes section 32-2181 regarding subdivided land sales requirements and exemptions.

Adds a foreclosure exemption under title 42, chapter 18 (tax lien foreclosures) to the list of transactions that do not require subdivision compliance, but explicitly prohibits circumvention of subdivision requirements.

Excludes tax lien investors from the foreclosure exemption if they plan to offer the subdivided lands for sale to persons not required to complete a public report.

Corrects technical language by changing "per cent" to "percent" and reformatting certain statutory references.