NMSA §47-7A-2

Condominium Act — Applicability

Applies to all condominiums created in New Mexico after May 19, 1982. Pre-1982 condominiums governed by the Building Unit Ownership Act (47-7-1 et seq.) may opt in by majority unit owner vote. Amendments to pre-1982 condos must conform to the Condominium Act if granting new rights.

Status Active
Effective May 19, 1982
Verified Apr 15, 2026
Source Official text
Governance
Ref Requirement
Applies to all condominiums created in New Mexico after May 19, 1982.
Pre-1982 condominiums governed by the Building Unit Ownership Act (47-7-1 et seq.) may opt in by majority unit owner vote.
Amendments to pre-1982 condos must conform to the Condominium Act if granting new rights.
Legal references last verified April 15, 2026. This content is educational and informational. It does not constitute legal advice. Consult a licensed attorney in your state for legal guidance specific to your situation.
Statutory-aligned HOA accounting infrastructure.
Fund accounting, enforcement guardrails, and audit-ready governance — built for board fiduciary standards.
Request Access
Login