AZ HB2723

Amends Arizona Revised Statutes section 9-461.15 regarding municipal planning and homeowners associations.

Prohibits municipalities from requiring subdividers or developers to establish associations as a condition of subdivision approval, though developers may voluntarily form planned communities.

Allows municipalities to require associations only for maintaining private, common, or community-owned improvements approved in preliminary plats, final plats, or specific plans for developments recorded after July 24, 2014.

Prohibits municipalities from requiring associations to adopt rules or regulations more restrictive than existing municipal rules or regulations for associations established after the effective date of this amendment.