New Mexico Statutes

§ 47-7-10 — Common profits and expenses

New Mexico § 47-7-10
JurisdictionNew Mexico
Ch. 47Property Law
Art. 7Building Unit Ownership

This text of New Mexico § 47-7-10 (Common profits and expenses) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 47-7-10 (2026).

Text

The common profits of the property shall be distributed among, and the common expenses shall be charged to, each unit owner according to the percentage of his undivided interest in the common areas and facilities.

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Legislative History

1953 Comp., § 70-4-10, enacted by Laws 1963, ch. 221, § 10; 1975, ch. 318, §

Nearby Sections

15
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Bluebook (online)
New Mexico § 47-7-10, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/47/47-7-10.