Pursuant to A.R.S. §33-1806
and A.R.S. §33-1260: for planned communities or condos with fewer than
fifty units, a seller is obligated to deliver to a buyer, within ten days
after receipt of a written notice of a pending sale, all of the
information and documentation listed in those statutes. A recent
amendment to the statutes that requires a buyer to sign a specific
statement when receiving the information prompted the drafting of the
Sellers' HOA/Condominium/Planned Community Information. The form will
enable a seller to more easily comply with law when selling a home in an
HOA with less than 50 homes.
