Release of liens
- Statute:
- New Mexico §47-7D-11 · Article CONDO (New Mexico Condominium Act (NMSA 47-7A-1 to 47-7D-20))
- Topic:
- Ownership · Lien release
- Applies to:
- Condo associations
On a sale that requires a disclosure statement, before conveying the unit the seller must record or furnish releases of all liens affecting that unit and its common-element interest that the purchaser does not expressly agree to take subject to or assume.
📄 Read the official text at nmonesource.com →
How SoShiny helps with Release of liens
SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees.
See the feature → Start freeFrequently asked
- What does New Mexico §47-7D-11 require?
- On a sale that requires a disclosure statement, before conveying the unit the seller must record or furnish releases of all liens affecting that unit and its common-element interest that the purchaser does not expressly agree to take subject to or assume.
- Who does New Mexico §47-7D-11 apply to?
- New Mexico §47-7D-11 applies to Condo associations in New Mexico.
- What happens if our condo doesn't comply with §47-7D-11?
- 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 §47-7D-11?
- 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 Release of liens?
- SoShiny is built around the Florida statutes from day one. The features that help you comply with this section are part of every plan — no add-ons, no per-document fees. Learn more →
Not legal advice. This page is a plain-English summary of New Mexico §47-7D-11 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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