November 22, 2024 8:11 am
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Senator to kill Arizona bill that would make it easier for HOAs to foreclose

Sen. John Kavanagh

Jessica Boehm and Catherine Reagor | The Republic

Citing a barrage of media coverage and public concern, Sen. John Kavanagh, R-Fountain Hills, told The Arizona Republic on Wednesday that he will withdraw his bill that would have sped up foreclosures by homeowners associations.

Kavanagh’s bill would have allowed HOAs to foreclose on homeowners after six months of missed payments, with no minimum debt. Currently, HOAs can’t begin the foreclosure process until a homeowner is delinquent for 12 months or racks up at least a $1,200 debt.

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