New Mexico Association Of Realtors HOA Disclosure

Information you will need

• Homeowners
• furnish the following information no later than
• undefined
• with respect to the following
• Zip Code
• Legal Description
• County New Mexico
• Declaration of the HOA other than the plats and plans The Declaration is often the first section of the
• Bylaws of the HOA
• Rules of the HOA The Rules of the HOA may also be referred to as the Policies of the HOA
• Covenants Conditions and Restrictions applicable to the Property
• B The amount of monthly common expense assessment and unpaid common expense or special assessment currently due
• PER NEW MEXICO LAW A BUYER IS NOT LIABLE FOR ANY UNPAID ASSESSMENT OR FEE GREATER
• PER NEW MEXICO LAW
• A BUYER IS NOT LIABLE FOR ANY UNPAID ASSESSMENT OR FEE GREATER THAN THE AMOUNT
• D The amount of any capital expenditures anticipated by the HOA and approved by the HOA Board of Directors for the
• E The amount of any reserves for capital expenditures and of any portions of those reserves designed by the HOA for any
• The most recent regularly prepared balance sheet and income and expense statement if any of the HOA Attached
• If yes identify the judgments andor pending lawsuits and provide the status of any such judgments or suits
• Does the HOA provide insurance coverage for the benefit of Property owners and the HOA Board of Directors
• YES
• Do the records of the HOA reflect alterations or improvements to the lot that violate the Declaration
• If yes describe the violation
• NO If yes provide a statement of the remaining term of

…and 9 more fields in the PDF.

Completed by the seller and the buyer and the agent.

The form includes 3 signature lines, a notary acknowledgment.