property classification; short-term rentals

HB 2362 requires owners of residential rental properties in Arizona, especially short-term rentals (less than 30 days), to register specific details with their county assessor. This includes owner contact information, property address, year built, and confirmation of short-term rental status. If owners fail to register, tenants can terminate leases and demand refunds of prepaid rent within 10 days, and cities/towns may impose daily fines of up to $150 for non-compliance. The bill directly affects rental property owners (including out-of-state owners who must designate a local agent) and tenants, with enforcement handled by county assessors and local governments.