HOUSE JOINT MEMORIAL 28

47th legislature - STATE OF NEW MEXICO - second session, 2006

INTRODUCED BY

Mimi Stewart

A JOINT MEMORIAL

REQUESTING AN INTERIM STUDY ON HOMEOWNERS' ASSOCIATIONS.

     WHEREAS, the primary purpose of a homeowners' association is to manage a neighborhood's common areas, such as roads, parks and pools; and

     WHEREAS, some homeowners' associations have assumed much broader powers; and

     WHEREAS, as homeowners' associations become more prevalent in New Mexico, New Mexicans are entitled to fair covenants, conditions and restrictions when they purchase a property governed by a homeowners' association;

     NOW, THEREFORE, BE IT RESOLVED BY THE LEGISLATURE OF THE STATE OF NEW MEXICO that the New Mexico legislative council be requested to appoint the appropriate interim committee to conduct a study of homeowners' associations in New Mexico and include:

          A. a review of state statutes relating to homeowners' associations;

          B. a review of homeowner complaints, lawsuits or other controversies relating to homeowners' associations in New Mexico;

          C. research responses to similar homeowners' association problems in other states; and

          D. a proposal for legislative recommendations based on the findings of the study; and

     BE IT FURTHER RESOLVED that copies of this memorial be transmitted to the co-chairs of the New Mexico legislative council.

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