Finance
Under New Mexico law, the Homeowner Protection Act relates to which of the following?
ATax exemptions for homeowners
BProtections for homeowners facing foreclosure, including notice requirements and redemption rights✓ Correct
CHOA assessment limits
DBuilding code requirements for residential construction
Explanation
New Mexico has enacted protections for homeowners facing foreclosure, including notice requirements that must be followed before a lender can proceed with a trustee's sale under a deed of trust.
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