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Chapter 341 - 441R - C Ver of HB2564

Reference Title: real estate disclosures

AN ACT
AMENDING SECTION 32-2156, ARIZONA REVISED STATUTES; RELATING TO REAL ESTATE DISCLOSURES.

Be it enacted by the Legislature of the State of Arizona:

Section 1. Section 32-2156, Arizona Revised Statutes, is amended to read:

32-2156 . Real estate sales and leases; disclosure

A. No criminal, civil or administrative action may be brought against a transferor OR LESSOR of real property or a licensee for failing to disclose that the property being transferred OR LEASED is or has been:

1. The site of a natural death, suicide or homicide or any other crime classified as a felony.

2. Owned or occupied by a person exposed to the human immunodeficiency virus or diagnosed as having the acquired immune deficiency syndrome or any other disease that is not known to be transmitted through common occupancy of real estate.

3. Located in the vicinity of a sex offender . who is subject to notification pursuant to title 13, chapter 38, article 3.

B. Failing to disclose any fact or suspicion as set forth in subsection A shall not be grounds for termination or rescission of any transaction in which real property has been or will be transferred OR LEASED .



APPROVED BY THE GOVERNOR MAY 19, 1999.

FILED IN THE OFFICE OF THE SECRETARY OF STATE MAY 19, 1999.


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