Who does New Mexico §47-16-6 apply to?

New Mexico §47-16-6 applies to HOA associations in New Mexico.

What happens if our HOA doesn't comply with §47-16-6?

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 §47-16-6?

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.

New Mexico §47-16-6

Duties of a homeowner association

Statute:: New Mexico §47-16-6 · Article HOA (New Mexico Homeowner Association Act (NMSA 47-16-1 to 47-16-18))
Topic:: Assessments · Lien and foreclosure
Applies to:: HOA associations

The association exercises the powers in the community documents. It has a lien on a lot for assessments and fines from the time they become due (the full amount if payable in installments). Foreclose like a mortgage on real estate. Recording the declaration perfects the lien. On written request, furnish a recordable payoff statement within ten business days; it binds the association and the board. There is no six-month super-priority.

lien; assessments; fines; mortgage foreclosure; ten business days payoff; no super-priority

📄 Read the official text at nmonesource.com →

How SoShiny helps with Duties of a homeowner association

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 free

Frequently asked

What does New Mexico §47-16-6 require?: The association exercises the powers in the community documents. It has a lien on a lot for assessments and fines from the time they become due (the full amount if payable in installments). Foreclose like a mortgage on real estate.
Who does New Mexico §47-16-6 apply to?: New Mexico §47-16-6 applies to HOA associations in New Mexico.
What happens if our HOA doesn't comply with §47-16-6?: 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 §47-16-6?: 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 Duties of a homeowner association?: 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 §47-16-6 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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