ARIZONA HOUSE OF REPRESENTATIVES

Fifty-fifth Legislature

First Regular Session

House: COM DP 10-0-0-0

HB 2546: home solicitation sales; definition

Sponsor: Representative Wilmeth, LD 15

Caucus & COW

Overview

Modifies the qualifying factors for a sale to be defined as a home solicitation sale.

History

A home solicitation sale is defined as a sale of goods or services in which the seller or the seller’s representative personally solicits the sale and the buyer's agreement is made at any home other than that of the person soliciting the same and that agreement is given to the seller or the sellers representative, and all or any part of the purchase price or debt incurred for payment is payable in installments. A sale which otherwise meets the definition of a home solicitation sale, except that it is a cash sale, shall be deemed to be a home solicitation sale if the seller makes or provides a loan to the buyer or obtains or assists in obtaining a loan for the buyer to pay the purchase price (A.R.S. § 44-5001).

The buyer has until midnight of the third business day to cancel the home solicitation sale. The buyer must provide a written notice of cancellation to the seller (A.R.S. § 44-5002).

Provisions

1. Removes the requirement that all or any part of the purchase price or debt incurred for payment be payable in installments as a qualifier for a home solicitation sale. (Sec. 1)

2. Clarifies a cash sale qualifies as a home solicitation sale provided the seller makes or provides a loan to the buyer or obtains a loan for the buyer to pay the purchase price. (Sec. 1)

3. Makes technical changes. (Sec. 1)

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7. HB 2546

8. Initials PRB Page 0 Caucus & COW

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