Arizona HB4011 amends the Arizona Revised Statutes to define the duty of unit owners' associations to act reasonably and fairly.
Arizona HB4011 amends the Arizona Revised Statutes to clarify the duties of unit owners' associations. It defines the "duty to act reasonably" as exercising discretionary powers neutrally, fairly, without favoritism, and in a nonarbitrary fashion. The bill also outlines the process for unit owners to contest notices of violations and mandates that associations provide written explanations for such notices. Additionally, it details the powers of unit owners' associations, including the ability to adopt and amend budgets, collect assessments, and institute litigation.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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