HB 2322 Summary

• Amends Arizona condominium law to require separate assessment of common expenses for condominiums that include both commercial and residential structures.

• Common expenses benefiting only commercial structures must be assessed exclusively against commercial units; expenses benefiting only residential structures must be assessed exclusively against residential units.

• Common expenses benefiting both commercial and residential structures must be allocated proportionally by category, then assessed to each category's units on a pro rata basis.

• Requires associations to provide records related to common expense allocations to unit owners and prohibits withholding records based on pending litigation over expense allocation.

• Defines "commercial structure" as one where a majority of units are designated for commercial or work purposes and is separate from residential structures, and "residential structure" as one where a majority of units are designated for residential purposes.