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Arizona
Arizona has one of the highest concentrations of planned communities in the United States. The Arizona Planned Community Act and the Arizona Condominium Act govern how associations must disclose information to buyers. Our Arizona service ensures every disclosure package meets these statutory requirements.
Arizona law mandates specific disclosures and timelines for HOA resale transactions.
Governs disclosure requirements for planned communities including resale disclosure statements, governing documents, and financial information. Sellers must provide these documents within ten days of a written request.
Condominium transactions require additional disclosures including the declaration, bylaws, current budget, and any pending litigation. Buyers have a five-day review period.
Arizona requires a specific resale disclosure statement that includes assessments, violations, insurance coverage, and reserve funding status. Missing disclosures can expose the seller to liability.
Arizona buyers have five days after receiving the disclosure documents to review them. If material information is discovered, the buyer may have cancellation rights.
Arizona's unique market creates specific document challenges.
Phoenix and Scottsdale have some of the largest master-planned communities in the country. Properties may belong to multiple layers of associations with separate disclosure requirements.
Arizona has a high concentration of age-restricted communities governed by additional federal and state regulations. These require specialized disclosure handling.
Many Arizona associations manage extensive common area irrigation systems. Reserve studies for these systems are critical and often underfunded.
Arizona's extreme heat accelerates roof deterioration. Underfunded roofing reserves are a common red flag in association financials.
We work with Arizona associations daily across the Phoenix, Tucson, and Scottsdale metros.
We verify that every Arizona resale disclosure package includes all required documents under the Planned Community Act and Condominium Act.
For properties in master-planned communities with multiple associations, we manage disclosure requests from every applicable layer.
We understand the additional disclosure requirements for age-restricted communities and ensure compliance with federal housing regulations.
From Phoenix to Tucson, Scottsdale to Flagstaff, we support title and escrow teams across Arizona.
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