A.R.S. § 32-2199.05

Planned Communities & Condominiums

Condominium and planned community hearing office fund

Planned Communities & Condominiums · Text verified 2026-07-25

In plain English: Creates the state fund that pays for these condominium and planned community hearings, administered by the Department of Real Estate commissioner. The money is continuously appropriated and may be invested, with investment earnings added back to the fund. The fund reimburses the actual costs of the office of administrative hearings for conducting these hearings, and any remaining money may be used by the department to offset the cost of administering cases filed under section 32-2199.01.

32-2199.05. Condominium and planned community hearing office fund

A. The condominium and planned community hearing office fund is established in the department to be administered by the commissioner. Monies in the fund are continuously appropriated. On notice from the commissioner, the state treasurer shall invest and divest monies in the fund as provided by section 35-313, and monies earned from investment shall be credited to the fund.

B. Monies in the condominium and planned community hearing office fund shall be used to reimburse the actual costs of the office of administrative hearings in conducting hearings pursuant to section 32-2199.01. Monies remaining in the fund may be used by the department to offset the costs of administering cases filed pursuant to section 32-2199.01.

Source: A.R.S. § 32-2199.05 — Arizona State Legislature