State HOA law reference
NMModerate
New Mexico
HOA Laws
New Mexico has moderate legislation with separate acts for homeowner associations and condominiums. The HOA Act provides a basic governance framework including meeting requirements and financial disclosure obligations.
Tracking aid, not legal advice.
SpotHOA monitors New Mexico HOA-related statutes weekly. We surface drafts of detected changes here after review. Always confirm with your attorney before relying on any of this for board action. State law changes; this page may lag the actual statute by days.
Governing statutes
Primary HOA statute
New Mexico Homeowner Association Act
N.M. Stat. §§ 47-16-1 to 47-16-21
Key provisions
- Board meetings must be open to members with advance notice
- Annual financial statements and budgets must be provided
- Owners have the right to inspect association records
- Assessment liens are enforceable with notice requirements
Tracking aid, not legal advice.
SpotHOA monitors New Mexico HOA-related statutes weekly. We surface drafts of detected changes here after review. Always confirm with your attorney before relying on any of this for board action. State law changes; this page may lag the actual statute by days.