New Mexico Statutes Chapter 47. Property Law § 47-7D-20. Substantial completion of units

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.


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