REFERENCE TITLE: home purchase; corporate buyer restriction State of Arizona House of Representatives Fifty-seventh Legislature First Regular Session 2025 HB 2360 Introduced by Representatives De Los Santos: Abeytia, Blattman, Connolly, Crews, Garcia, Gutierrez, Hernandez L, Liguori, Mrquez, Mathis, Simacek, Villegas AN ACT amending title 44, chapter 15.1, article 1, arizona revised statutes, by adding section 44-5102; relating to residential property. (TEXT OF BILL BEGINS ON NEXT PAGE) REFERENCE TITLE: home purchase; corporate buyer restriction State of Arizona House of Representatives Fifty-seventh Legislature First Regular Session 2025 HB 2360 Introduced by Representatives De Los Santos: Abeytia, Blattman, Connolly, Crews, Garcia, Gutierrez, Hernandez L, Liguori, Mrquez, Mathis, Simacek, Villegas REFERENCE TITLE: home purchase; corporate buyer restriction State of Arizona House of Representatives Fifty-seventh Legislature First Regular Session 2025 HB 2360 Introduced by Representatives De Los Santos: Abeytia, Blattman, Connolly, Crews, Garcia, Gutierrez, Hernandez L, Liguori, Mrquez, Mathis, Simacek, Villegas AN ACT amending title 44, chapter 15.1, article 1, arizona revised statutes, by adding section 44-5102; relating to residential property. (TEXT OF BILL BEGINS ON NEXT PAGE) Be it enacted by the Legislature of the State of Arizona: Section 1. Title 44, chapter 15.1, article 1, Arizona Revised Statutes, is amended by adding section 44-5102, to read: START_STATUTE44-5102. Corporations; single-family residence; purchase restrictions A corporation may not purchase a single-family residence unless the single-family residence has been on the market for more than sixty days or there is a change in the asking price. A change in the asking price resets the sixty-day time period. END_STATUTE Be it enacted by the Legislature of the State of Arizona: Section 1. Title 44, chapter 15.1, article 1, Arizona Revised Statutes, is amended by adding section 44-5102, to read: START_STATUTE44-5102. Corporations; single-family residence; purchase restrictions A corporation may not purchase a single-family residence unless the single-family residence has been on the market for more than sixty days or there is a change in the asking price. A change in the asking price resets the sixty-day time period. END_STATUTE