New Mexico Statutes 47-7A-8. Supplemental general principles of law applicable
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Except to the extent inconsistent with the Condominium Act, the principles of law and equity, including the law of corporations, the law of real property and the law relative to capacity to contract, principal and agent, eminent domain, estoppel, fraud, misrepresentation, duress, coercion, mistake, receivership, substantial performance or other validating or invalidating cause supplement the provisions of that act.
Terms Used In New Mexico Statutes 47-7A-8
- Contract: A legal written agreement that becomes binding when signed.
- Fraud: Intentional deception resulting in injury to another.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.