AZ SB1531

Extends the statute of limitations for association liens on unpaid assessments from 3 years to 6 years after the full amount becomes due.

Requires associations to provide written notice at least 30 days before authorizing an attorney or collection agency to begin collection activity, including specific language about delinquency and potential foreclosure.

Mandates associations provide statements of account to unit owners/members with the same frequency as assessments (effective January 1, 2020), unless the community has fewer than 50 units/lots and no third-party management company.

Allows collection agents to charge a convenience fee for non-cash payment methods (credit card, debit card, electronic means) limited to the amount the agent is charged by the payment processor.

Clarifies that all unit owner/member payments must be applied first to unpaid assessments and related charges (late fees, collection fees, attorney fees) before being applied to other fees or penalties.