Arizona SB 1432: unlawful restrictive covenants; uniform act..

Bill Text

SB1432 - 562R - S-Finance and Commerce-Proposed 

Fifty-sixth Legislature������������������������������������� Finance and 
Commerce

Second Regular Session������������������������������������������������� S.B. 
1432

PROPOSED

SENATE AMENDMENTS TO 
S.B. 1432

(Reference to printed 
bill)

Page 1, line 
14, after "a" insert "declaration 
of a condominium as prescribed in chapter 9 of this title or of a planned 
community as prescribed in chapter 16 of this title or any"

Line 15, 
strike "all" insert "any" 

Line 16, 
after "body" insert "of an 
association of owners that is IDENTIFIED in a DOCUMENT and that is"

Line 19, 
strike the comma insert "of assessments or dues from owners 
of property that is"

Line 20, 
after "interest" strike remainder of line

Strike line 
21, insert "for expenses incurred by a governing body of an 
association of owners in the performance of obligations ESTABLISHED for the 
common benefit of the owners of the"

Between 
lines 22 and 23, insert:

"(c) ESTABLISHES prohibitions, 
restrictions, covenants or conditions on the transfer, use or occupancy of the 
real PRoperty described in the document that are to be ENFORCED by a GOVERNING 
body of an association of owners identified in a document." 

Line 40, 
after "that" strike remainder of line

Strike lines 
41 through 45, insert "INTERFERES with or restricts the 
transfer, use or occupancy of real PROPERTY on the basis of race, color, 
religion, national origin, sex, familial status or disability in violation of 
state or federal law."

Page 2, line 
31, after "amendment" insert "by an owner"; strike "this article" 
insert "section 33-533"

Page 2, line 
33, after the period insert "An AMENDMENT by an association 
of owners under section 33-534 must identify only the document containing the 
unlawful restriction."

Amend title to conform

 J.D. 
 MESNARD

1432MESNARD.docx

02/09/2024

12:48 PM

C: MR