⚠ Not Legal Advice. This guide is for informational purposes only. Consult a licensed New Mexico attorney for legal advice.
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
Mandatory10 days
Meeting minutes and financial records must be made available to members within a reasonable time (typically 10 business days) of a written request.
Retention: 5 years
Disclosure: Available upon written request.
Disclosure Statement
NMSA § 47-16-10
Mandatory10 days
HOA must provide a disclosure statement within 10 days of written request.
Retention: 5 years
Disclosure: Provided to buyer within 10 days of request.
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