N.M. Stat. § 47-7D-20

§ 47-7D-20. Substantial completion of units

Year: 2026Length: 60 words
In case of a sale of a unit where delivery of a disclosure statement is required, a contract of sale may be executed, but no interest in that unit may be conveyed until the declaration is recorded and the unit is substantially completed, as evidenced by a recorded certificate of substantial completion pursuant to Section 13 of the Condominium Act.
N.M. Stat. § 47-7D-20: § 47-7D-20. Substantial completion of units | Justis AI