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AZ SB1450
Bill
Status
Prefiled
N/A
Primary Sponsor
Thomas Shope
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AI Summary
- Reduces the statute of limitations for construction defect claims on condominium properties (title 33, chapter 9) from eight years to five years after substantial completion, with a maximum of six years if defects are discovered in the fifth year
- Requires condominium associations to obtain approval from at least two-thirds of unit owners before initiating construction defect litigation against developers or construction professionals
- Establishes a 90-day pre-litigation notice and repair process for condominium construction defect claims, including mandatory inspections, remedy offers, and maintenance record disclosure requirements
- Creates a rebuttable presumption that alleged defects were caused by failure to perform ordinary maintenance if the claimant does not provide maintenance records or certification that records do not exist
- Limits purchaser damages when a timely remedy offer was made and repairs substantially completed to costs of completing/correcting repairs, temporary housing and relocation, actual property damage, and inspection costs
Legislative Description
Condominiums; construction defects; actions; procedures
Full Bill Text
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