2015 New Mexico Statutes
Chapter 47 - Property Law
Section 7 Building Unit Ownership
Section 47-7-27 Personal application.

NM Stat § 47-7-27 (2015) What's This?

47-7-27. Personal application.

A. All unit owners, tenants of owners, employees of owners and tenants, or any other persons that may in any manner use property or any part thereof submitted to the provisions of the Building Unit Ownership Act shall be subject to the act and to the declaration and bylaws of the association of unit owners adopted pursuant to the provisions of the act.

B. All agreements, decisions and determinations lawfully made by the association of unit owners in accordance with the voting percentages established in the Building Unit Ownership Act, declaration or bylaws, shall be deemed to be binding on all unit owners.

History: 1953 Comp., 70-4-26, enacted by Laws 1963, ch. 221, 26; 1975, ch. 318, 27.

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