2021 New Mexico Statutes
Chapter 48 - Liens and Mortgages
Article 10 - Deeds of Trust

Section 48-10-1 - Short title. - Sections 1 through 21 [48-10-1 to 48-10-21 NMSA 1978] of...

Section 48-10-2 - Repealed. - History: Laws 1987, ch. 61, § 2; 1993, ch. 145,...

Section 48-10-3 - Definitions. - As used in the Deed of Trust Act, unless the...

Section 48-10-4 - Repealed. - History: Laws 1987, ch. 61, § 4; 1993, ch. 145,...

Section 48-10-5 - Description of trust real estate; mailing address of trustor, beneficiary and trustee. - A. In deeds of trust the legal description of trust...

Section 48-10-6 - Trustee of deed of trust; qualification. - A. Except as provided in Subsection B of this section,...

Section 48-10-7 - Appointment of successor trustee by beneficiary. - A. If a person appointed as trustee fails to qualify,...

Section 48-10-8 - Deed of trust as security. - Deeds of trust may be executed as security for the...

Section 48-10-9 - Grants in trust of real estate; uses. - Grants or mortgages of trust real estate may be made...

Section 48-10-10 - Sale of trust real estate; power of trustee; foreclosure of deed of trust. - A. By virtue of the trustee's position, a power of...

Section 48-10-11 - Notice of trustee's sale. - A. The trustee shall give written notice of the time...

Section 48-10-12 - Request for copies of notice of sale; mailing by trustee or beneficiary. - A. A person desiring a copy of a notice of...

Section 48-10-13 - Sale by public auction; postponement of sale. - A. On the date and at the time and place...

Section 48-10-14 - Payment of bid; trustee's deed. - A. The purchaser at the sale, other than the beneficiary...

Section 48-10-15 - Disposition of proceeds of sale. - A. The trustee shall apply the proceeds of the sale...

Section 48-10-16 - Redemption. - A. Except as otherwise provided in Subsection E of this...

Section 48-10-17 - Action to recover balance after sale or foreclosure on trust real estate as provided in deed of trust; action to recover balance prohibited on loans secured by low-income households. - A. Except as provided in Subsections D and E of...

Section 48-10-18 - Method of indexing. - Every deed of trust, substitution of trustee, notice of resignation...

Section 48-10-19 - Limitation on action or sale of trust real estate. - The sale of trust real estate by the trustee under...

Section 48-10-20 - Notice from instruments recorded; assignment of a beneficial interest. - Except as otherwise provided in this section, a deed of...

Section 48-10-21 - Liberal interpretation. - The Deed of Trust Act shall be liberally construed to...