Arizona 2024 2024 Regular Session

Arizona House Bill HB2023 Comm Sub / Analysis

Filed 02/21/2024

                      	HB 2023 
Initials EB/KK 	Page 1 	House Engrossed 
 
ARIZONA HOUSE OF REPRESENTATIVES 
Fifty-sixth Legislature 
Second Regular Session 
House: LARA DPA 8-1-0-0 
 
HB 2023: land divisions; disclosure affidavit; recording 
Sponsor: Representative Griffin, LD 19 
House Engrossed 
Overview 
Modifies the information required to be included in an affidavit of disclosure and related 
procedures. 
History 
Current law requires a seller of five or fewer parcels of non-subdivided land, located in an 
unincorporated area of a county, and any subsequent seller, to furnish an affidavit of 
disclosure to the buyer at least seven days before the property is transferred. The buyer has 
the right to rescind a sale within five days of receiving the affidavit. The affidavit must be 
recorded at the same time the deed is recorded. Subsequent affidavits supersede any 
previously recorded affidavits. 
Statute outlines the information an affidavit of disclosure must contain, including the legal 
description of the property, a list of services and utilities currently provided to the property, 
if the property meets county zoning requirements and if the use of the property is subject to 
any limitations.  
If the seller is a trustee of a subdivision trust, the beneficiary of the trust is required to 
provide the disclosure affidavit. 
The seller must provide a notarized certification, under penalty of perjury, that the 
information provided is true, complete and correct (A.R.S. § 33-422).  
Provisions 
1. Requires that an affidavit of disclosure be completed by the seller and contain all the 
information specified by statute. (Sec. 1) 
2. Allows a licensed escrow agent, if requested by the seller, to record affidavits of disclosure. 
3. Describes the responsibilities of a subsequent seller and licensed escrow agent relating to 
completing and recording a subsequently executed affidavit. (Sec. 1) 
4. Specifies that a licensed escrow agent who records an affidavit is not liable for inaccurate 
information or omissions of material facts. (Sec. 1) 
5. Requires an affidavit of disclosure to include information on: 
a) water supplies;  
b) leased or owned battery energy storage devices; and  
c) whether the seller is a trustee, personal representative of an estate or conducting a 
mortgage foreclosure. 
☐ Prop 105 (45 votes)     ☐ Prop 108 (40 votes)      ☐ Emergency (40 votes) ☐ Fiscal Note    	HB 2023 
Initials EB/KK 	Page 2 	House Engrossed 
d) the type of on-site wastewater treatment facility and date of last inspection. (Sec. 1) 
6. Requires the affidavit to include a notice that it is unlawful to attempt to avoid land 
division or subdivision laws by acting in concert to divide a parcel of land into six or more 
lots or parcels. (Sec. 1) 
7. Allows the Arizona Department of Real Estate or the county where the land division 
occurred to investigate and enforce actions regarding acting in concert to unlawfully 
divide a parcel of land. (Sec. 1) 
8. Specifies that a seller or subsequent seller does not include a personal representative 
acting on behalf of an estate selling the property. (Sec. 1) 
9. Repeals and re-enacts Laws 2023, Chapter 77, Section 3 to correct a technical error 
resulting in a potentially invalid change to A.R.S. § 33-422. (Sec. 2) 
10. Makes technical changes. (Sec. 1)