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.164973.1

HOUSE JOINT MEMORIAL 1

48

TH LEGISLATURE

- STATE OF NEW MEXICO -

FIRST SESSION

, 2007

INTRODUCED BY

Mimi Stewart

A JOINT MEMORIAL

REQUESTING THE NEW MEXICO LEGISLATIVE COUNCIL TO DIRECT THE

APPROPRIATE INTERIM COMMITTEE TO STUDY 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 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

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.164973.1

requested to direct the appropriate interim committee to a

study homeowners' associations in New Mexico, including

reviewing of state statutes relating to homeowners'

associations; reviewing homeowner complaints, lawsuits or other

controversies relating to homeowners' associations in New

Mexico; and researching responses to similar homeowners'

association problems in other states; 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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