Course Curriculum

    1. Course Introduction

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    2. Spot Checks and Assessments

    3. Abbreviations Used in this Course

    4. Course Acknowledgement

    5. Learning Objectives

    1. Section 1 Objectives

    2. What is a Homeowners’ Association?

    3. How Are Homeowners' Associations Regulated in New Mexico?

    4. How are Homeowners' Associations Created in New Mexico?

    5. How is the Board of Directors Created?

    6. Who Runs the Homeowners' Associations?

    7. Activity: Benefits and Challenges of HOA

    8. What is a Professionally Managed Homeowners' Association?

    9. Spot Check 1: Review Quiz

    10. What Kinds of Rules does an HOA Have?

    11. Activity: The Buyer With an RV

    12. What Kinds of Charges can an HOA Assess?

    13. What is an Architectural Control Committee?

    14. What is a Master Planned Community?

    15. What is a Neighborhood Association?

    16. Section 1 Summary

    17. Activity: Drag the Words

    18. Reference: Homeowners’ Associations Directory – New Mexico

    1. Section 2 Introduction: Listing and Selling Homes in an HOA

    2. Video: Introduction to Broker Duties and HOA Disclosures

    3. Broker Duties and Adverse Material Facts

    4. Broker Duties and Reasonable Care and HOAs

    5. Spot Check 2: Review Quiz

    6. Getting Started: Verifying an HOA Before You List 📋

    7. Special Considerations for Listings in a HOA

    8. Video: Summary of HOA Considerations

    9. Spot Check 3: Review Quiz

    10. Disclosure of an HOA is Required!

    11. NMAR 4610: HOA and COA Addendum⏰

    12. The Delivery Deadline ⏰

    13. The Objection Deadline

    14. The Resolution Deadline ⏰

    15. HOA: Order Those Docs! The timeline can be tight!

    16. HOA: The Cost 💵 of the HOA Documents

    17. Activity: HOA Jeopardy

    18. HOA Document and Disclosure Certificate Request

    19. Spot Check 4: Review Quiz

    20. Seller's Disclosure of HOA Documents (NMAR 4650)

    21. Buyer's Right to Terminate the Purchase Agreement

    22. Buyer's Acknowledgement of Receipt of HOA Documents (NMAR 4650)

    23. HOA: Buyer's Waiver of 7-Day Review Period (NMAR 4750)

    24. Unavailability of HOA Documents (NMAR 4675)

    25. Unavailability of HOA Documents (NMAR 4675) cont.

    26. Spot Check 5: Review Quiz

    1. Section 3 Introduction: Condos and COAs

    2. Introduction: Attached Properties: Townhomes

    3. Introduction: Attached Properties: Condominiums

    4. Video: What is CUOA? (Condominium Unit Owners Association)

    5. CUOA: Common Areas and Common Elements

    6. CUOA: The Second-Generation Statute

    7. CUOA: Alteration of Units

    8. CUOA: Condo Assessments & Leins

    9. CUOA: Buyer's Cancellation Rights

    10. Spot Check 5: Review Quiz

    11. CUOA: The Condominium Lifestyle

    12. CUOA: Condos and First-time Homebuyers

    13. CUOA: Condos and FHA Loans - Not Always a Good Match

    14. CUOA: FHA Certification Methods

    15. Spot Check 6: Review Quiz

    16. CUOA: Before You List a Condo for Sale

    17. Spot Check 7: Review Quiz

    18. CUOA: The Condo Resale Certificate (NMAR 2302A)

    19. Spot Check 8: Review Quiz

    20. Review Activity! All About CUOAs

    1. Section 4 Introduction: Public Improvement Districts and Special Assessment Districts

    2. PID: What is a PID? 🤷🏻‍♀️

    3. PID: How is a PID Created?

    4. PID: How are PIDS Funded?

    5. Spot Check 9: Review Quiz

    6. PID: Mariposa Public Improvement District

    7. PID: Seller's Required Disclosures

    8. PID: Seller's Failure to Disclose a PID

    9. PID: Exceptions to Disclosing a PID

    10. Determining if a Property is Located in a PID: FlexMLS Map Overlay

    11. Determining if a Property is Located in a PID: Property Tax Bill

    12. Determining if a Property is Located in a PID: Other Sources

    13. What is a Special Assessment District?

    14. How is a Special Assessment District Created?

    15. Activity! Fill in the Blank

    16. Case Study: Richard and Monica's Home Purchase

    17. Spot Check 10: Review Quiz

    1. Final Quiz!

    2. Course Conclusion

    3. Final Course Survey

About this course

  • $60.00
  • 89 lessons
  • 0 hours of video content