As many of you may have seen in Sunday’s Arizona Republic, our legislature had an “all-nighter” on Saturday night and passed the 9.1 billion budget. If history repeats itself, in my opinion, passing the budget in early March means that the Arizona Legislature’s current session may end sooner rather than later. This could mean a slow legislative year for community [...]
Hello Cyber Followers: It was a relatively quiet week last week for community associations at the Arizona legislature. We are still closely watching nine community association bills. Seven of these nine bills have already passed one chamber of our legislature and are moving quickly through the other chamber’s committee process. Please don’t forget that every week during the legislative session, [...]
by Beth Mulcahy, Esq. Yes, there is! There is often confusion in the community association industry regarding the difference between a “disclosure fee” and a “transfer fee”. Can an association charge a disclosure fee and/or a transfer fee, and, if so, how much? Disclosure Fees An association may charge a “disclosure fee” to compensate the association for the costs incurred [...]
Hello Cyber Followers! Our good news for this week is that SB1385 (Traffic Enforcement in Planned Communities) failed in the Senate on 2/23/15. As discussed previously on this Blog, SB1385 was problematic for many reasons so we are happy to see that bill go by the wayside. We are still closely watching nine other community association bills. Seven of these [...]
by Beth Mulcahy, Esq. Tax time is looming for all Arizonans and this is a commonly presented question for our firm at this time of the year… Yes, an association is required to file state and federal taxes on or before March 15, 2015 for fiscal year 2014. Our law firm suggests that an association consult with a qualified C.P.A. [...]
Hello Cyber Followers! Things are starting to heat up at the Arizona Legislature. Our firm is currently watching ten bills that affect community associations. One notable bill that we are closely following pertains to parking violations in a planned community: SB1385: Homeowners Association, Traffic Enforcement For associations where the association owns or otherwise has legal authority over the road sand [...]
Hello Cyber Followers, I hope that everyone had a “SUPER” weekend! Congratulations to all New England Patriot fans! Despite all the Superbowl festivities in Arizona last week, the Arizona legislature was busy at work. As of 1:00 on Friday, January 30, 2014, HB 2084 (Disclosures), SB1048 (Vexatious Litigants), HB2032 (Office of Administrative Hearings) and SB1091 (Planned Communities, Removal, Special Meetings) [...]
By Beth Mulcahy, Esq. It’s that time of the year again… Fiscal year 2014 has ended for most of our association clients and boards are now considering the next requirements with regard to the association’s 2014 financial books and records. Many boards have contacted our office asking if an association is required to have an audit done by a CPA [...]
by Beth Mulcahy, Esq. Hello Cyber Followers, Yes, the legislature is moving forward...we saw changes regarding bills affecting community associations last week and want to share them with you. A summary of those changes can be found on Legislative Updates. A Reminder! At the beginning of each week we will post an update of the previous week's legislative actions. Have [...]
Hello Cyber Followers, Happy Martin Luther King, Jr. Day! The Arizona Legislature has been in session for a week and there are a number of interesting legislative developments already. There were a large number of bills introduced last week (over 500 House Bills and just over 80 Senate Bills). Arizona Governor Doug Ducey signed HB2064 (American Civics Act) on Thursday, [...]
