Arizona Condominium Resale Disclosures Buyers Must Request Early

Arizona Revised Statutes § 33-1315 mandates that condo sellers provide a disclosure package to buyers within 10 days of contract execution. This disclosure document stack includes the association's governing documents, financial statements, reserve study, and a detailed disclosure statement about the property's status within the community. The resale package is the same as the disclosure package—both terms describe the complete seller-provided stack of documents that reveal the condo's legal, financial, and operational standing.

• Governing documents: CC&Rs (Covenants, Conditions & Restrictions), bylaws, rules, and any amendments that define what you can and cannot do in your unit.
• Financial statements: The last 12 months of the association's income, expenses, and reserve account status, showing whether dues cover actual costs.
• Reserve study: A professional assessment of major components (roof, parking, common areas) and their remaining useful life, which drives future special assessments.
• Disclosure statement: The seller's written answers about pending litigation, special assessments, violations, liens, and any known defects or disputes.

Arizona law gives sellers 10 days to provide the disclosure package, but that clock starts when you sign the contract. If you wait to request them, you compress your review window and risk running out of time before inspection or financing contingency deadlines. Many buyers waive contingencies without reading these documents, only to discover hidden costs, restrictions, or disputes after closing. Requesting the disclosure documents on day one protects your ability to make an informed decision.

• The 10-day window is your legal review period; use it fully by requesting disclosures the day you go under contract.
• Contingency deadlines (inspection, financing, HOA approval) often fall within or shortly after the disclosure period; you need time to read and act.
• Delays in receiving or reviewing disclosures can force you to waive contingencies blind or renegotiate after closing—both costly outcomes.
• Your agent or attorney should request the disclosure package in writing immediately; do not rely on verbal promises or 'we'll send it later.'

Once you receive the disclosure documents, focus on the items that directly affect your monthly costs, your rights as an owner, and your exit strategy. The disclosure package reveals whether the association is financially healthy, whether special assessments are likely, and whether restrictions or disputes will limit your use or resale value. Pay special attention to reserve funding, pending violations, and any enforcement actions—these are often the source of buyer regret.

• Monthly dues and any scheduled increases: Confirm the amount, frequency, and whether the association has approved future hikes.
• Reserve funding level: A reserve study showing less than 70% funding may signal upcoming special assessments; ask the seller and association directly about plans.
• Pending or recent special assessments: These are one-time charges that can run thousands of dollars; the disclosure statement must disclose them.
• Violations, fines, or disputes involving the unit or seller: The disclosure statement should list any enforcement actions; cross-check with the association's records if needed.

Certain patterns in the disclosure package warrant deeper investigation or renegotiation. A poorly funded reserve, a history of special assessments, restrictive rules, or unresolved disputes can materially affect your ownership experience and resale value. Do not assume these issues are minor or will resolve on their own; they are often the root of long-term disputes and unexpected costs. If you spot red flags, ask your agent or attorney to request clarification from the seller or association before you waive contingencies.

• Reserve funding below 50%: This is a strong indicator that special assessments are likely within the next few years; ask the board for their funding plan.
• Frequent or large special assessments in the past 5 years: Suggests the association is reactive rather than proactive; review the reserve study to understand why.
• Restrictive rules on rentals, pets, or exterior modifications: If you plan to rent out the unit or customize your space, these rules may block your plans.
• Pending litigation or disputes involving the association: Even if not directly tied to your unit, litigation can delay decisions, raise costs, and signal governance problems.

Arizona condominium resale disclosures are dense and technical—financials, legal language, and enforcement history all mixed together. ScoutReport is designed to extract and map the key findings from the disclosure documents you upload, so dues, reserves, restrictions, and enforcement patterns are explicit and easy to compare against your expectations before you waive contingencies. Instead of manually hunting through pages of PDFs, ScoutReport labels and organizes the critical items so you can focus on what matters to your decision.

• Upload your disclosure package (PDFs or images) to ScoutReport and it extracts dues, reserve levels, special assessments, restrictions, and enforcement history into a structured findings summary tied back to the source pages.
• Review the labeled findings to spot inconsistencies, missing information, or red flags—then verify and ask follow-up questions of the seller or association before you commit.
• You remain in control: ScoutReport summarizes and flags the data, but you review, verify, and decide whether to proceed, renegotiate, or walk away.
• StreetScout fits this workflow: ScoutReport maps Arizona condominium disclosure items to the files you upload so dues, reserves, and restrictions are explicit before you waive contingencies. When you move from reading to action, StreetScout keeps summaries, drafts, and uploaded governing documents in one place so you are not re-explaining context at every step.