AZ SB1371

Establishes that taxes levied against residential common areas are the corporate liability of homeowners' associations in addition to being a lien against the property.

Specifies that when a tax lien on a residential common area is sold to a purchaser, the lien is satisfied upon payment of delinquent taxes, interest, and penalties, with no redemption or foreclosure provisions applying.

Provides that purchasers' recourse for unpaid residential common area taxes is through judicial action against the homeowners' association rather than foreclosure procedures.

Exempts the Secretary of State from charging fees for filing election reports to county officers in charge of elections.

Makes effective date December 31, 2018 for provisions relating to residential common area tax liens.