HB 2730 Summary

• Amends lien enforcement provisions for homeowners associations in condominiums (A.R.S. § 33-1256) and planned communities (A.R.S. § 33-1807) regarding common expense assessments.

• Clarifies that association liens for common expense assessments may include charges for late payment, reasonable collection costs or fees, interest charges, and court-awarded attorney fees and costs.

• Specifies that non-assessment fees, charges, late charges, monetary penalties, and interest (except late payment charges) are only enforceable through judgment liens after court proceedings, not through foreclosure.

• Establishes payment application order requiring that unit owner payments be applied first to current common expense assessments, then delinquent assessments, then associated charges and fees in specified order.

• Adds definition of "common expense assessments" to include annual, special, or supplemental assessments for common element maintenance and reserves, and assessments for repairs to common elements caused by individual unit owners or their occupants.