Fifty-sixth Legislature                                                         

Second Regular Session                                                          

COMMITTEE ON REGULATORY AFFAIRS

HOUSE OF REPRESENTATIVES AMENDMENTS TO H.B. 2698

(Reference to printed bill)

Strike everything after the enacting clause and insert:

"Section 1. Title 33, chapter 16, article 1, Arizona Revised Statutes, is amended by adding section 33-1820, to read:

START_STATUTE33-1820. Declarant control

Notwithstanding any provision in the community documents:

1. Each declaration that provides for a period of declarant control of the association shall also provide for the termination of declarant control. 

2. For every planned community, without regard to whether the community documents provide for the termination of declarant control, declarant control terminates NOT LATER THAN the date on which the second to last lot in the planned community is conveyed to a buyer.END_STATUTE"

Amend title to conform

And, as so amended, it do pass

LAURIN HENDRIX

CHAIRMAN

2698REGULATORY AFFAIRS.docx

02/07/2024

04:33 PM

C: MR