Arizona guide

Arizona condo resale disclosure review

Arizona does not issue a single "resale certificate." Instead, the association must furnish a defined resale disclosure packet under A.R.S. §33-1260 for condominiums and §33-1806 for planned communities.

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Once the association (in communities of 50 or more units or lots) or the selling owner (in smaller ones) receives written notice of a pending sale, the documents must be delivered within 10 days. Arizona is unusually buyer-friendly on cost — the disclosure fee is capped at an aggregate of $400, plus up to $100 rush and $50 update, with overcharging carrying a civil penalty up to $1,200. But the statutory packet is a disclosure floor, not a quality guarantee: its litigation disclosure is narrow, no reserve study may exist, and there is no Title 33 cancellation right, so read it against everything you request on your own.

What §33-1260 / §33-1806 requires the packet to contain

The Arizona resale packet must generally include the bylaws and current rules, the current operating budget, the most recent annual financial report (or a summary if it runs more than 10 pages), a copy of the most recent reserve study if any exists plus a statement of the reserve amount held (or that there is none), a statement of all assessments, fees, and charges currently due on the unit and any approved or known special assessment, a statement of the association's insurance coverage, and any required fee or violation statement. Critically, the litigation disclosure is narrow — the statute requires only case names and numbers for pending litigation between the association and the selling unit owner (and certain association litigation for planned communities), not a full list of third-party suits, defect actions, or insurer disputes. Confirm the packet is complete before relying on it.

The 10-day delivery rule and the $400 fee cap

On written notice of a pending sale, the disclosure documents must be delivered within 10 days. The association may charge an aggregate of no more than $400 for the disclosure and related transfer statement, plus up to $100 for rush service within 72 hours and up to $50 for an update if 30 or more days have passed. Fees are collected no earlier than close of escrow and only once per transaction, and charging or collecting in violation of the statute carries a civil penalty up to $1,200. This cap is materially more buyer-protective than states with uncapped estoppel fees. Late delivery beyond the 10-day window or fees exceeding the caps are themselves signals worth probing — request the packet early so the clock leaves room to read it.

No statutory rescission — cancellation comes from the contract

Unlike a developer public report at the first sale of a new subdivision, Arizona's resale-disclosure statutes do not grant a statutory rescission or cancellation period tied to receiving the HOA packet. Your cancellation right on a resale comes from the purchase contract's contingencies — the standard AAR Resale Condominium / Planned Community addendum gives the buyer a contractual review-and-disapproval window — rather than from Title 33 itself. Because the documents drive that decision, confirm the exact disapproval period against your operative AAR forms rather than assuming a fixed number of days, and calendar your review so the packet arrives with time to act.

Read the packet together, and ask for what it omits

Arizona risk rarely lives in one document. Read the reserve statement against the budget — remembering Arizona mandates no reserve study or funding, so a missing study is legal but a real red flag — and read the insurance statement against the master-policy declarations page given Arizona's premium and deductible shocks. Because the litigation disclosure is narrow, request a full pending-litigation summary directly, plus loss runs and recent claims history (heat, monsoon, fire), beyond the statutory snapshot. A clean-looking packet on an aging Phoenix or Sun City building can still carry significant special-assessment risk that only surfaces when the documents are cross-referenced.

Arizona legal references

Informational only. Not legal advice. Always confirm against current statute and counsel.

Need help applying these Arizona statutes to your specific situation? We can connect you with state-licensed counsel and specialists familiar with this exact regulatory environment.

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Reviewer's checklist

  • Confirm the seller or association delivered the full §33-1260 / §33-1806 packet within 10 days
  • Verify the disclosure fee did not exceed the $400 / $100 rush / $50 update caps
  • Determine whether the property is a condominium or a planned community — the act differs
  • Read the reserve statement and any reserve study (none may exist — no AZ mandate)
  • Read the current budget and most recent annual financial report together
  • Read the assessments-due statement and any approved or known special assessment
  • Read the insurance statement and request the master-policy declarations page and loss runs
  • Request a full pending-litigation summary — the statutory disclosure is narrow
  • Identify and calendar your AAR contract's review-and-disapproval window

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How CondoSignal reads a document package

Source documents

  • Declaration & bylawsthe rules
  • Budget & financialsthe money
  • Reserve studythe big repairs
  • Meeting minuteswhat the board fears
read together

Cross-reference

The risk lives in the contradiction between documents.

An assessment in the minutes but not the estoppel; a reserve the budget never funds.

scored

Risk report

Severity-graded across 8 categories.

Every finding cites the document, page number, and quoted text.

How CondoSignal reviews this

We read the reserve study, operating budget, and 24 months of meeting minutes togetherarizona condo resale disclosure review risk usually lives in the contradiction between documents, not in any single one of them. Every finding cites the source document, the page number, and the quoted text behind it.

See our 8-category framework →

Risk Intelligence

Review the documents before your contingency ends

Most buyers get 7–14 days to review condo documents. Upload the packet — we read the reserve study, budget, minutes, and insurance summary and flag the risks, every finding linked to the exact page. Free.

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We can connect you with vetted real estate lawyers, mortgage brokers, and insurance brokers familiar with the specifics of condo and HOA transactions.

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Reviewed by Kirk Hasley, Founder. Every claim here is checked against current Arizona statute and primary sources, using the same documented review framework we run on every file. Last reviewed June 13, 2026.

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Risk Intelligence

Review the documents before your contingency ends

Most buyers get 7–14 days to review condo documents. Upload the packet — we read the reserve study, budget, minutes, and insurance summary and flag the risks, every finding linked to the exact page. Free.

Expert Matching

Need a real estate lawyer or mortgage specialist?

We can connect you with vetted real estate lawyers, mortgage brokers, and insurance brokers familiar with the specifics of condo and HOA transactions.

  • HOA lawyer