Building Unit Ownership | Midpage

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New Mexico Statutes Annotated 1978

7

Building Unit Ownership

State of New Mexico

47-7-1Short title 47-7-2Definitions 47-7-3Application of act 47-7-4Status of the units 47-7-5Ownership of units 47-7-6Common areas and facilities 47-7-7Compliance with covenants; bylaws; administrative provisions 47-7-8Certain work prohibited 47-7-9Liens against units; removal from lien; effect of part payment 47-7-10Common profits and expenses 47-7-11Contents of declaration 47-7-12Declaration; apportionment of interest 47-7-13Contents of deeds of units 47-7-14Copy of the floor plans to be filed 47-7-15Blanket encumbrances affecting a unit at time of first conveyance 47-7-16Recording 47-7-17Removal from provisions of the Building Unit Ownership Act 47-7-18Removal no bar to subsequent resubmission 47-7-19Bylaws 47-7-20Contents of bylaws 47-7-21Books of receipts and expenditures; availability for examination 47-7-22Waiver of use of common areas and facilities; abandonment of unit 47-7-23Taxation 47-7-24Priority of lien 47-7-25Joint and several liability of grantor and grantee for unpaid common expenses 47-7-25.1Merger or consolidation of condominiums 47-7-26Actions 47-7-27Personal application 47-7-28Insurance