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AZ SB1470

Bill

Status

Introduced

2/2/2023

Primary Sponsor

John Kavanagh

Click for details

Origin

Senate

Fifty-sixth Legislature - First Regular Session (2023)

AI Summary

  • Amends Arizona Revised Statutes sections 33-1256 and 33-1807 regarding assessment liens for condominiums and planned communities.

  • Removes language stating that association liens are not subject to chapter 8 of title 33 (homestead exemptions), effectively allowing homestead exemption protections to apply to association assessment liens.

  • Changes terminology from "prior to" to "before" in lien priority provisions regarding first mortgages and seller's interests in first contracts for sale.

  • Makes minor clarifying language changes to provisions governing lien foreclosure procedures, statement of accounts, and collection activities by attorneys and collection agencies.

Legislative Description

Homeowners' association liens; homestead exemptions

Notice

Last Action

Senate read second time

2/9/2023

Committee Referrals

Rules2/2/2023
Finance2/2/2023

Full Bill Text

No bill text available