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AZ HB2360

Bill

Official Source

Status

Introduced

6/27/2025

Primary Sponsor

Oscar De Los Santos

Click for details

Origin

House of Representatives

Fifty-seventh Legislature - First Regular Session (2025)

AI Summary

  • Prohibits corporations from purchasing single-family residences unless the property has been on the market for more than 60 days
  • Allows corporations to purchase single-family residences if there is a change in the asking price, which resets the 60-day waiting period
  • Amends Arizona Revised Statutes Title 44, Chapter 15.1, Article 1 by adding section 44-5102
  • Applies to all single-family residence purchases by corporate entities in Arizona

Legislative Description

Home purchase; corporate buyer restriction

Trade And Commerce - Title 44

Last Action

Assigned to House RULES Committee

6/27/2025

Committee Referrals

Rules6/27/2025

Full Bill Text

No bill text available