November 5, 2024 4:21 pm
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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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Rose Law Group Reporter, which provides Dealmaker’s content and service, is contracted by Rose Law Group. Rose Law Group is a full service real estate and business Law Firm practicing in the areas of land use/entitlements, real estate transactions, real estate due diligence/project management, special districts, tax law, water law, business litigation, corporate formation, intellectual property, asset protection, data breach/privacy law, ADA compliance, estate planning, family law, cyber-law, online reputation and defamation, lobbying, energy and renewable energy, tax credits/financing, employment law, Native American law, equine law, DUIs, and medical marijuana, among others. The views expressed above are not necessarily those of Rose Law Group pc or its associates and are in no way legal advice. This blog should be used for informational purposes only. It does not create an attorney-client relationship with any reader and should not be construed as legal advice. If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.