NMSA §47-7C-16
Condominium Act — Lien for Assessments
Association has a lien on a unit for assessments and fines from the time they become due. Recording the declaration perfects the lien. Six-month super-lien: the association's lien has priority over first mortgages for six months of assessments based on the periodic budget. Beyond six months, first mortgage takes priority if recorded before the assessment became delinquent. Lien may be foreclosed like a mortgage. Association must furnish unpaid assessment statement within 10 business days.
Assessment
| Ref | Requirement |
|---|---|
| Association has a lien on a unit for assessments and fines from the time they become due. | |
| Beyond six months, first mortgage takes priority if recorded before the assessment became delinquent. | |
| Six months assessments based on the periodic budget |
Enforcement
| Ref | Requirement |
|---|---|
| Recording the declaration perfects the lien. | |
| Six-month super-lien: the association's lien has priority over first mortgages for six months of assessments based on the periodic budget. |
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Legal references last verified April 15, 2026.
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