Is there an Arizona statute of limitations on the collection of delinquent homeowner association dues, and collection fees?
I was told that there was a 5 year statute of limitations on the collection of debt and fees owed to a homeowner's association, but when I responded to the HOA's attorney with a offer in compromise to pay in full only debt within the statute of limitations, they responded saying that the HOA had rejected my offer. Is there such a statute and if so can you cite the specific law?
