PIF Motion

Discussion in 'Sun City General Discussions' started by Tom Trepanier, Oct 26, 2023.

  1. Larry

    Larry Well-Known Member

    Kinda like people saying you have to pay the PIF again if you add a person to your deed.
     
  2. FYI

    FYI Well-Known Member

  3. eyesopen

    eyesopen Well-Known Member

    Have you owned and lived in your Sun City property less than a year and have or will be selling to purchase another Sun City property to reside in? That second PIF must be paid at closing but eligible for refund. Basically, you pay the PIF for the first purchase, then get the one paid for the second (your new residence) refunded, only if you owned and lived in the home you’re selling/sold less than one year.
    •REFUNDS
    I purchased a home last year and sold it within a year. Am I eligible for a refund of the Preservation and Improvement Fee I paid when I purchased the property?
    No. RCSC Corporate Bylaws (Article III, Section 2) outlines situations where a refund of the Preservation and Improvement Fee is allowed. The purchase and sale of separate properties that are/were your primary Arizona residence must be completed within a one year timeframe. The purchase and sale of a single property does not qualify for the refund of the Preservation and Improvement Fee.
    https://suncityaz.org/wp-content/uploads/2019/04/Refunds-FAQs-2019-4.pdf

    REFUND FORM https://suncityaz.org/wp-content/uploads/2022/09/FORM-Refund-Request-2022-09-01.pdf

    •CORPORATE BYLAWS
    ARTICLE III
    SECTION 2: PRESERVATION AND IMPROVEMENT FUND AND ASSESSMENTS
    https://suncityaz.org/corporate-bylaws/
     
  4. eyesopen

    eyesopen Well-Known Member


    Happy Hippie,
    Form says attach death certificate if applicable.
    Other instructions indicate requests for refunds must be submitted within three years:
    (1) Within 3 years of the transaction for sale or acquisition transactions, or
    (2) Within 3 years of the last transaction for Preservation & Improvement Fee refunds, or (3) Within 3 years of the death of the cardholder.(**for prorated assessment refunds)
     
  5. eyesopen

    eyesopen Well-Known Member

    FYI, three years to submit the request for refund…
     

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