Deer Canyon Preserve HOA settles dispute with developer

08/28/2012 | American City Business Journals

Deer Canyon Preserve homeowners in Mountainair, N.M., will receive $1.8 million and 13,000 acres of undeveloped land from Verde Realty after a two-year dispute about infrastructure issues. The HOA said the developer failed to install promised roads, wells and telephone connections, or that the installations were done inadequately.

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