Bill > HB2713

This bill modifies two sections of Arizona law related to real property development and homeowners' association actions, primarily focusing on legal timeframes and procedures for construction defect claims. For actions involving real property development, the bill reduces the statute of limitations from eight to four years for most developers, while maintaining an eight-year limit for improvements dedicated to municipalities or counties. The bill establishes different timeframes for filing injury claims: for municipalities and counties, claims can be brought within one year of injury discovery during the eighth year, but no later than nine years after substantial completion; for other claimants, claims can be brought within two years of injury discovery during the fourth year, but no later than six years after substantial completion. For homeowners' associations seeking to file a dwelling action, the bill introduces more detailed requirements, including mandatory full disclosure to association members, holding a meeting with notice to all members and potential defendants, requiring a two-thirds member vote to authorize the action, and mandating a professional engineering inspection with specific notice requirements. The bill also requires the association to maintain records demonstrating compliance with these procedures and provide a plan for allocating any proceeds from a dwelling action. The changes aim to provide more transparency, procedural fairness, and clarity in construction defect and homeowners' association legal actions.

Government Affairs

https://apps.azleg.gov/BillStatus/BillOverview/82833