NMSA §47-16-15
Homeowner Association Act — Applicability
Act applies to all HOAs created and existing in New Mexico. Sections 47-16-9 (proxy voting), 47-16-10 (financial audit), and 47-16-14 (attorney fees) do not apply to HOAs created before July 1, 2013 with fewer than 30 lots, though amendments to their community documents must comply. Does not apply to condominiums governed by the Condominium Act.
Financial
| Ref | Requirement |
|---|---|
| Sections 47-16-9 (proxy voting), 47-16-10 (financial audit), and 47-16-14 (attorney fees) do not apply to HOAs created before July 1, 2013 with fewer than 30 lots, though amendments to their community documents must comply. |
Governance
| Ref | Requirement |
|---|---|
| Act applies to all HOAs created and existing in New Mexico. | |
| Does not apply to condominiums governed by the Condominium Act. |
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Legal references last verified April 15, 2026.
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