Law That Hastens Foreclosure Causes Controversy

Law That Hastens Foreclosure Causes Controversy



Under current law, Arizona homeowners associations can foreclose on owners if they fail to pay their dues for a year or get behind by $1,200—whichever comes first. A bill introduced by one of Arizona’s Republican senators would allow HOA foreclosures after six months, with no minimum debt, such as the $1,200 figure that applies now.

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