AZ SB1170

Landlords must offer tenants the option to have rental payments reported to credit reporting agencies, with offers made at the start of tenancy and annually thereafter.

Written offers must disclose that reporting is optional, identify the credit reporting agency, confirm all payments will be reported regardless of timeliness, and explain opt-out procedures with a six-month reinstatement waiting period.

Landlords may charge tenants a fee of no more than $10 per month or the actual cost, whichever is less, for providing rental payment reporting services.

Nonpayment of the reporting fee is not considered nonpayment of rent, cannot be cause for eviction, and cannot be deducted from security deposits; however, nonpayment exceeding 30 days allows the landlord to stop reporting.

Tenants may opt into reporting at any time after receiving the offer and may elect to stop reporting in writing, but cannot resume for at least six months after opting out.