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AZ HB2637
Bill
Status
2/12/2019
Primary Sponsor
Kevin Payne
Click for details
AI Summary
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Amends Arizona law governing lien priority for condominium and planned community associations seeking to collect unpaid assessments.
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Removes sellers' interests in first contracts for sale from the list of liens that take priority over association assessment liens, making association liens senior to such contract interests.
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Maintains that association liens for assessments remain subordinate only to pre-declaration liens and real estate tax liens, and subordinate to first mortgages and first deeds of trust.
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Applies the same assessment lien provisions to both condominium associations (A.R.S. § 33-1256) and planned community associations (A.R.S. § 33-1807).
Legislative Description
Condominium, homeowners' associations; lien priority
Homeowners' Associations
Last Action
House read second time
2/13/2019