Arizona HB2656 amends laws regarding declarant control in condominiums and planned communities.
Arizona HB2656 amends several sections of Arizona Revised Statutes to modify the rules governing declarant control in condominiums and planned communities. The bill specifies that declarant control over the association terminates under certain conditions, such as the conveyance of a certain percentage of units to non-declarant owners or after a specified period. It also outlines the rights and duties of declarants during their control period and post-termination.
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- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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