Arizona HOA Overview
Strict "Open Meeting Act" — board meetings require 48-hour physical posting. Limits on fines and rental restrictions. Prohibits HOAs from banning drought-tolerant landscaping.
State-Specific Document Requirements
Open Meeting Notice
A.R.S. § 33-1804 (HOA), § 33-1248 (Condo)
All board meetings must be open to members. Notice must be physically posted in a conspicuous place in the community at least 48 hours before any board meeting (HOA) or 48 hours before any board meeting (Condo). Emergency meetings require only reasonable notice.
Schedule of Fines
A.R.S. § 33-1803
Fines must be adopted in a properly noticed meeting and included in the publicly available schedule. Maximum fine amounts are subject to statutory caps in some HOA types.
Reserve Study
A.R.S. § 33-1256 (Condo)
Condos must maintain a reserve fund for major component replacements. A reserve study is strongly recommended. HOAs (planned communities) have no statutory mandate for reserve studies.
Disclosure Statement (Resale)
A.R.S. § 33-1806
Seller must provide buyer with a copy of all governing documents and the most recent annual financial report within 10 days of contract execution.
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