An association pursuant to the Homeowner Association Act shall be organized in accordance with the laws of the state and be identified in a recorded declaration. The membership of the association shall consist exclusively of all lot owners in the development.
§ 47-16-3 NMSA 1978
Creation of a homeowner association
Known as the Homeowner Association Act
The act spans §§ 47–47 (19 sections).
Laws 2013, ch. 122, § 3.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.