SB1674

Arizona SB1674 amends rules for homeowners' associations, including board member removal and declarant control.

Arizona SB1674 modifies the rules governing homeowners' associations, particularly focusing on the board of directors and declarant control. The bill allows unit owners to remove board members through a petition process, requiring a majority vote if certain thresholds are met. It also limits the period during which a declarant can appoint and remove board members, ending it after 75% of units are conveyed or four years after sales cease. The bill emphasizes the association's duty to enforce governing documents to protect property values, ensuring actions are not arbitrary or selective.