2021 New Mexico Statutes
Article 11 - Time Shares
Section 47-11-1 - Short title.

This act [47-11-1 to 47-11-13 NMSA 1978] may be cited as the "New Mexico Time Share Act".
History: Laws 1986, ch. 97, § 1.
Am. Jur. 2d, A.L.R. and C.J.S. references. — Property taxation of residential time-share or interval-ownership units, 80 A.L.R.4th 950.

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Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 47 - Property Law

Article 11 - Time Shares

Section 47-11-1 - Short title.

Section 47-11-2 - Definitions.

Section 47-11-2.1 - Registration required of time share projects; real estate salesperson license required.

Section 47-11-3 - Time shares deemed real estate; partition.

Section 47-11-4 - Disclosure statement.

Section 47-11-5 - Purchaser's right to cancel; escrow; violation.

Section 47-11-6 - Prizes.

Section 47-11-7 - Time share proxy.

Section 47-11-8 - Exchange programs.

Section 47-11-9 - Service of process on exchange company.

Section 47-11-10 - Securities laws apply.

Section 47-11-11 - Application for registration of time share project; denial of registration; renewal; reinstatement; termination of developer's interest.

Section 47-11-11.1 - Register of applicants; roster of registrants; registered projects; financial report to secretary of state.

Section 47-11-11.2 - Disciplinary action by commission.

Section 47-11-12 - Private enforcement.

Section 47-11-13 - Release of liens.