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.168398.1
HOUSE MEMORIAL 65
48
TH LEGISLATURE
- STATE OF NEW MEXICO -
FIRST SESSION
, 2007
INTRODUCED BY
Mimi Stewart
A 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, homeowners' associations are distinguished from
other community associations, including neighborhood
associations, by their ability to assess dues, to impose
regulations on things such as a home's appearance and to levy
fines on homeowners who violate those regulations; and
WHEREAS, as homeowners' associations become more prevalent