N.M. Admin. Code § 16.61.25.10

Current through Register Vol. 35, No. 19, October 8, 2024
Section 16.61.25.10 - DESCRIPTION OF INTEREST IN TIME SHARE PROPERTY; RECORDATION

All contracts and deeds conveying an interest in a time share must contain a legal description of the time share project, time share unit and interval number for which the interest is being conveyed, if applicable. The developer shall not record a conveyance instrument until after the expiration of the purchaser's 7-day right of recision.

N.M. Admin. Code § 16.61.25.10

8-15-97; 16.61.25.10 NMAC - Rn, 16 NMAC 61.25.10, 1-1-2002