If an HOA forecloses on a lien and sells a home, the former owner's right to buy it back (redeem) is a critical last protection. This bill addresses that right to redeem after a lien sale.
In short: Protects a homeowner's right to redeem their property after a lien sale.
Introduced — no action Pro-homeowner
This bill overhauls county tax-lien foreclosure and the sale of tax-delinquent property, shifting auction duties to the county treasurer and requiring online bidding. It is a property-tax measure and does not directly amend the HOA, condominium, or planned-community statutes; it changes redemption rights and surplus-money procedures for owners who fall behind on property taxes.
For homeowners: Pro-homeowner for owners behind on property taxes (not HOA-specific): it adds enhanced mailed notice to former owners and a defined surplus-monies claim process, helping them recover proceeds after a tax-deed sale. Minor drawbacks are a minimum bid set at limited cash value and finder fees up to $500, but the notice and surplus-recovery mechanics dominate. It does not amend any HOA statute.
What the bill actually does, point by point — from the Arizona Legislature’s official fact sheet.
- Shifts responsibility for conducting tax-deed auctions from the board of supervisors to the county treasurer.
- Requires an online bidding process for tax-deed sales.
- Sets the minimum bid at the property's limited cash value.
- Adds enhanced notice requirements to former owners by mail.
- Creates a surplus-monies claim procedure with a 6-month filing deadline for the former owner.
- Allows third-party 'finder' fees of up to $500 for identifying the rightful owner of surplus funds.
- Includes an emergency clause making the act operative immediately. Amends A.R.S. §§ 42-18152, 42-18204, 42-18205, 42-18302, 42-18303 (property tax statutes).
The A.R.S. sections this bill amends, adds, or repeals — taken from the bill text. Click one to read the current law.