Arizona HOA, condo, co-op legislation update (End of session 2019)

Property does not have rights People do

By Deborah Goonan, Independent American Communities End of session summary of several bills impacting HOA-governed communities, tracked by Arizona Homeowners Coalition (AZHOC). Subjects: Applicability of Planned Community Act, HOA foreclosure, Condominium Association termination. A mixed bag for homeowner rights in Arizona’s association —governed common interest communities. Click on “continue reading” below for updates. Arizona Legislative updates: Assessments, HOA foreclosure, Condominium Association termination (2019)

HOA, condo & co-op corruption and fraud roundup (March 2019)

Arrest handcuff fraud theft

By Deborah Goonan, Independent American Communities This month: more condo HOA managers under investigation, several sentenced after pleading guilty to theft and money laundering; FBI probe in Miami; condo owners catch maintenance worker stealing their stuff. Illinois Condo President says former management company left them bankrupt CBS2 Chicago, reports that Drexel Condo Association President Natasha Neptune, has filed a complaint with Illinois Department of Financial Professional Regulation against the association’s former management company. Neptune says Continue ReadingHOA, condo & co-op corruption and fraud roundup (March 2019)

Arizona Legislative updates: Assessments, HOA foreclosure, Condominium Association termination (2019)

Property does not have rights People do

By Deborah Goonan, Independent American Communities Updated May 16, 2019 End of session summary of several bills impacting HOA-governed communities, tracked by Arizona Homeowners Coalition (AZHOC). Subjects: Applicability of Planned Community Act, HOA foreclosure, Condominium Association termination HB2374 and SB1094 HB2374 Planned Communities; applicability; recreation center Sun Cities Recreation Centers heavily promoted HB2374, and then SB1094, for the express purpose of exempting themselves from compliance with Arizona Planned Communities Act. As of March 23, according Continue ReadingArizona Legislative updates: Assessments, HOA foreclosure, Condominium Association termination (2019)

Will AZ Senate amend HOA foreclosure bill as promised?

By Deborah Goonan, Independent American Communities A few weeks ago, in Part 1 of the February legislative updates, I told you about a controversial foreclosure bill sponsored by Arizona Senator David Farnsworth. As currently drafted, homeowner rights advocates agree: homeowners with past due HOA assessments, on payment plans the HOA, would end up paying collection attorneys fees first, ahead of their HOAs. SB 1531, was originally proposed by AACM, Arizona Association of Community Managers. It Continue ReadingWill AZ Senate amend HOA foreclosure bill as promised?