New Mexico HOA Overview
Provides basic homeowner protections including records inspection rights. Condo Act (§47-7) governs condos separately. HOA lien enforcement follows general lien law.
State-Specific Document Requirements
Meeting Records
NMSA § 47-16-9
Meeting minutes and financial records must be made available to members within a reasonable time (typically 10 business days) of a written request.
Disclosure Statement
NMSA § 47-16-10
HOA must provide a disclosure statement within 10 days of written request.
New Mexico-Specific Documents
Purchaser Disclosure Certificate (New Mexico)
MandatoryN.M.S.A. §§ 47-16-1 to 47-16-21
Disclosure certificate provided to a prospective purchaser summarizing current assessments, pending special assessments, reserves, and any known violations under the NMHAA.
⚠ Required at every sale
Violation Cure Notice (New Mexico HOA Act)
MandatoryN.M.S.A. § 47-16-14
Written notice to a member of a governing document violation providing a minimum 30-day cure period before the association imposes fines or takes enforcement action.
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