A. The remedies provided by the Condominium Act shall be liberally administered in order that the aggrieved party is placed in as good a position as if the other party had fully performed. However, consequential, special or punitive damages shall not be awarded except as specifically provided in the Condominium Act or by other law.
B. Any right or obligation declared by the Condominium Act is enforceable by judicial proceeding.
History: Laws 1982, ch. 27, § 12.
Compiler's notes. — This section is substantially similar to § 1-114 of the Uniform Condominium Act.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 15A Am. Jur. 2d Condominiums and Cooperative Apartments §§ 26, 42.
Liability of vendor of condominiums for damage occasioned by defective condition thereof, 50 A.L.R.3d 1071.
31 C.J.S. Estates § 153 et seq.
Structure 2021 New Mexico Statutes
Article 7A - Condominium Act - General Provisions
Section 47-7A-1 - Short title.
Section 47-7A-2 - Applicability.
Section 47-7A-3 - Definitions.
Section 47-7A-4 - Variation by agreement.
Section 47-7A-6 - Applicability of local ordinances, regulations and building codes.
Section 47-7A-7 - Eminent domain.
Section 47-7A-8 - Supplemental general principles of law applicable.
Section 47-7A-9 - Construction against implicit repeal, amendment or expansion.
Section 47-7A-11 - Severability.
Section 47-7A-12 - Unconscionable agreement or term of contract.