AZ SB1172

Requires applicants for building permits on new residential single-family homes to disclose ownership interests in the property, unless a subdivision final plat with assured water supply is provided.

Establishes "physical availability exemption credits" allowing owners of irrigation grandfathered rights to permanently relinquish those rights in exchange for groundwater use exemptions for non-irrigated development, with volume calculated based on relinquishment date and active management area type.

Prohibits municipal providers in initial Active Management Areas from applying potable water to nonfunctional turf in new or redevelopment projects, and prevents municipalities from requiring minimum turf or non-drought-tolerant plants except for functional recreational and civic uses.

Clarifies that familial relationships, well share agreements, road maintenance agreements, and use of the same contractor alone do not constitute unlawful "acting in concert" to avoid subdivision laws requiring a public report for six or more lots.

Adds disclosure requirements to property sale affidavits regarding water transportation services and battery energy storage devices, and requires land division applicants to attest understanding of subdivision law public report requirements.