New Mexico Homeowners' Association Handbook

State:
Multi-State
Control #:
US-1129BG
Format:
Word; 
Rich Text
Instant download

Description

This Handbook contains general information about a Homeowners' Association, clarifications of the governing documents when needed, and rules and regulations adopted by the Board of Directors as allowed in the Association's governing documents.
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FAQ

The CC&Rs must be recorded with the county recorder's office in order to create certain restrictions on the property and provide recorded notice of the contractual obligations on the deed to prospective buyers. You should be able to find a copy of the CC&Rs on your county assessor's official government website.

HOA may not impose fine without notice, opportunity for an independent hearing.

The Greater Albuquerque Association of Realtors say the fees can range from $0 to $1,000 plus, though a management company said the typical fee is between $200 and $400. Those fees impact many homebuyers and sellers, as GAAR says about 40 percent of its listings belonged to an HOA.

Your HOA board determines fine amounts and whether they're reasonable. Most HOA fines start at around $25 and increase to $50 and $100 if you don't pay or continue to violate the rule.

If you recently purchased a home and did not receive a copy of your CC&Rs, contact your title company for assistance. You can also obtain a copy of your CC&Rs by visiting one of our office locations or sending us a copy order. 200bIf you have questions or need further assistance, call our office at (916) 874-6334.

Here are six ways to effectively fight with your homeowners, co-op or condo association:Know the rules. You should have read all the government documents, including the rules and regulations, before you closed on your purchase.Respond in writing.Don't argue the rule.Know the penalties.

To find your local CCR, visit EPA's Consumer Confidence Reports page . To find your local health department, use NACCHO's Directory . Review the EPA's Safe Drinking Water Information .

An association is allowed to charge reasonable fines of up to $100 per violation against a memberor any member's tenant, guest, or inviteefor the violation of provisions in the association bylaws or regulations in the governing documents.

Arizona Recorded Document Search - Visit the county recorder's office where the property or association is located to find HOA documents, such as Declaration of Covenants, Conditions, and Restrictions (CC&Rs), Amendments, Bylaws, HOA Notices, Subdivision Maps, Plats, Recorded Land Surveys, Deeds, Deeds of Trust, Liens,

Exact steps to take to fight HOA fines:Research Your HOA's Regulations and Guidelines.Understand Your Rights as The Homeowner.Contact Your HOA.Prepare Your Appeal.Attend Your Appeal Meeting.Await the Decision.

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New Mexico Homeowners' Association Handbook