How many business days does the HOA have to provide the disclosure certificate?

In New Mexico, homeowners' associations (HOAs) are required to provide a disclosure certificate within a specific timeframe to ensure transparency and facilitate real estate transactions involving properties that are part of such associations. The correct answer indicates that the HOA must provide this disclosure certificate within ten business days. This requirement is designed to give potential buyers crucial information about the association, including any dues, assessments, and rules that may affect their ownership experience. Understanding this timeframe is important for real estate professionals, as it helps them set realistic timelines for transactions and ensures compliance with state regulations governing HOAs. The significant emphasis on the ten-business-day limit reflects the importance of timely communication and the protection of buyer rights.