Unconscionable agreement or term of contract
- Statute:
- New Mexico §47-7A-12 · Article CONDO (New Mexico Condominium Act (NMSA 47-7A-1 to 47-7D-20))
- Topic:
- General · Unconscionability
- Applies to:
- Condo associations
If a contract or clause was unconscionable when made, the court may refuse to enforce the contract, enforce the remainder without that clause, or limit the clause to avoid an unconscionable result.
📄 Read the official text at nmonesource.com →
How SoShiny helps with Unconscionable agreement or term of contract
SoShiny is built around the Florida statutes from day one — every feature is included on every plan, with no add-ons or per-document fees. Start your community free and run it the way the statutes expect.
See the feature → Start freeFrequently asked
- What does New Mexico §47-7A-12 require?
- If a contract or clause was unconscionable when made, the court may refuse to enforce the contract, enforce the remainder without that clause, or limit the clause to avoid an unconscionable result.
- Who does New Mexico §47-7A-12 apply to?
- New Mexico §47-7A-12 applies to Condo associations in New Mexico.
- What happens if our condo doesn't comply with §47-7A-12?
- Non-compliance can expose the association and individual directors to disputes in the governing forum for New Mexico community associations. SoShiny's audit trail and documented workflows are designed to demonstrate good-faith compliance.
- Where can I read the official text of New Mexico §47-7A-12?
- The official text is published by the New Mexico Legislature at nmonesource.com. The summary on this page is for plain-English reference only and is not legal advice.
- How does SoShiny help with Unconscionable agreement or term of contract?
- SoShiny is built around the Florida statutes from day one — every feature is included on every plan, with no add-ons or per-document fees. Start your community free and run it the way the statutes expect. Learn more →
Not legal advice. This page is a plain-English summary of New Mexico §47-7A-12 prepared by SoShiny for board members and managers. For binding legal advice or interpretation, consult a New Mexico-licensed attorney. For the official statutory text, see the link above.
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