By Catherine Reagor and Jessica Boehm | The Republic
Arizona’s nearly 9,000 homeowners associations go virtually unregulated even as they hold immense power over their residents.
While they’re responsible for annoying but trivial matters such as dictating paint colors and enforcing landscaping requirements, these HOAs also manage large sums of money and can foreclose on homeowners.
Unlike other industries that operate within the confines of state or federal rules, Arizona’s HOAs operate with few checks and balances.