A.R.S. § 33-1204 — Separate titles and taxation

Separate titles and taxation

Condominiums · Text verified 2026-07-25

In plain English: Once there is a unit owner other than the developer, each unit and its share of the common elements is treated as its own separate piece of real estate and is taxed and assessed separately, so no tax is charged against the common elements as a whole. Any common-element land the developer keeps the right to withdraw is taxed to the developer alone. If the developer still owns everything, the whole project is taxed as a single parcel.

33-1204. Separate titles and taxation

A. If there is a unit owner other than a declarant, each unit that has been created, together with its interest in the common elements, constitutes for all purposes a separate parcel of real estate.

B. Except as provided in subsection C, if there is a unit owner other than a declarant, each unit shall be separately taxed and assessed, and no separate tax or assessment may be rendered against any common elements.

C. Any portion of the common elements which the declarant reserves the right to withdraw from the condominium shall be separately taxed and assessed against the declarant and the declarant alone is liable for payment of those taxes, as long as the declarant retains this right to withdraw.

D. If there is no unit owner other than a declarant, the real estate comprising the condominium shall be taxed and assessed as a single parcel.

Source: A.R.S. § 33-1204 — Arizona State Legislature