NMSA §47-16-5
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Homeowner Association Act — Record Disclosure to Members
All financial and other records available for examination within 10 business days of written request. No charge for review; copies max $0.10/page. Records include minutes (5 years), operating budget, assessments, financial statements, contracts, and insurance policies. If association fails to provide access within 10 business days, rebuttable presumption of willful failure. Lot owner entitled to greater of actual damages or $50/calendar day starting on 11th business day.
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Financial
| Ref | Requirement |
|---|---|
| No charge for review; copies max $0.10/page. |
Records
| Ref | Requirement |
|---|---|
| Records include minutes (5 years), operating budget, assessments, financial statements, contracts, and insurance policies. | |
| All financial and other records available for examination within 10 business days of written request. | |
| If association fails to provide access within 10 business days, rebuttable presumption of willful failure. |
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