Building Unit Ownership

  1. Law
  2. New Mexico Statutes
  3. Property Law
  4. Building Unit Ownership

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Section
47-7-1

Short title.

Section
47-7-2

Definitions.

Section
47-7-3

Application of act.

Section
47-7-4

Status of the units.

Section
47-7-5

Ownership of units.

Section
47-7-6

Common areas and facilities.

Section
47-7-7

Compliance with covenants; bylaws; administrative provisions.

Section
47-7-8

Certain work prohibited.

Section
47-7-9

Liens against units; removal from lien; effect of part payment.

Section
47-7-10

Common profits and expenses.

Section
47-7-11

Contents of declaration.

Section
47-7-12

Declaration; apportionment of interest.

Section
47-7-13

Contents of deeds of units.

Section
47-7-14

Copy of the floor plans to be filed.

Section
47-7-15

Blanket encumbrances affecting a unit at time of first conveyance.

Section
47-7-16

Recording.

Section
47-7-17

Removal from provisions of the Building Unit Ownership Act.

Section
47-7-18

Removal no bar to subsequent resubmission.

Section
47-7-19

Bylaws.

Section
47-7-20

Contents of bylaws.

Section
47-7-21

Books of receipts and expenditures; availability for examination.

Section
47-7-22

Waiver of use of common areas and facilities; abandonment of unit.

Section
47-7-23

Taxation.

Section
47-7-24

Priority of lien.

Section
47-7-25

Joint and several liability of grantor and grantee for unpaid common expenses.

Section
47-7-25.1

Merger or consolidation of condominiums.

Section
47-7-26

Actions.

Section
47-7-27

Personal application.

Section
47-7-28

Insurance.