AZ SB1490

Requires landlords to provide written notice to tenants at least 30 days before lease termination if rent will increase 10 percent or less.

Requires landlords to provide written notice to tenants at least 60 days before lease termination if rent will increase more than 10 percent.

Specifies that if a lease term is less than 30 or 60 days (as applicable), the rent increase cannot become effective until 30 or 60 days after the written notice date.

Allows landlords to adjust rent on 30 days' notice if a municipality changes its transaction privilege tax on residential rent, provided this right is disclosed in the rental agreement.