homeowner's associations; expiration

HB 2172 requires all Arizona homeowner association declarations to expire and associations to dissolve by January 1, 2127, or 100 years after the original declaration was recorded - whichever is later. Amendments to declarations or new community creations do not reset the 100-year clock. After expiration, associations must wind up operations, and property owners may later voluntarily reestablish a community under existing law. This bill directly affects all current Arizona homeowner associations with recorded declarations.