2021 New Mexico Statutes
Chapter 7 - Taxation
Article 38 - Administration and Enforcement of Property Taxes

Section 7-38-7.1 - Valuation date; tangible personal property; construction contractors. - A. All tangible personal property of construction contractors located in...

Section 7-38-8 - Reporting of property for valuation; penalties for failure to report. - A. All property subject to valuation for property taxation purposes...

Section 7-38-8.1 - Division to adopt regulations to require reporting of exempt property. - The division shall adopt regulations to insure that all real...

Section 7-38-9 - Description of property for property taxation purposes. - A. Property shall be described for property taxation purposes by...

Section 7-38-10 - Department may insure compliance with mapping and description of real property regulations by departmental installation of required system; reimbursement by county of costs incurred. - Whenever the director determines that it is necessary to insure...

Section 7-38-11 - Property reported in the wrong county. - If property is reported for valuation for property taxation purposes...

Section 7-38-12 - Property transfers; copies of documents to be furnished to assessor; penalty for violation. - A. Whenever a deed or real estate contract transferring an...

Section 7-38-12.1 - Residential property transfers; affidavit to be filed with assessor. - A. After January 1, 2004, a transferor or the transferor's...

Section 7-38-12.2 - Penalties. - A. A person who intentionally refuses to make a required...

Section 7-38-13 - Statement of decrease in value of property subject to local valuation. - A. No later than the last day of February of...

Section 7-38-14 - Tabulation of construction permits; information required to be furnished to county assessors. - A. By the tenth day of each month, the trade...

Section 7-38-15 - Information on real property sold, purchased, contracted to be sold or purchased, or exchanged by governmental bodies to be sent to or obtained by the department; department to compile and send information to county assessors. - A. By the twentieth day of each month, the department...

Section 7-38-16 - Condemnation proceedings; duty of condemning authority to notify county assessor. - A. Upon the issuance of a court order making permanent...

Section 7-38-17 - Claiming exemptions; requirements; penalties. - A. Subject to the requirements of Subsection E of this...

Section 7-38-17.1 - Presumption of nonresidential classification; declaration of residential classification. - A. Property subject to valuation for property taxation purposes for...

Section 7-38-18 - Publication of notice of certain provisions relating to reporting property for valuation and claiming of exemptions. - A. Each county assessor shall have a notice published in...

Section 7-38-19 - Valuation records. - A. The county assessor shall maintain a record of the...

Section 7-38-20 - County assessor and department to mail notices of valuation. - A. By April 1 of each year, the county assessor...

Section 7-38-20.1 - Temporary provision; additional instructions to assessors and treasurers; special requirements for 2004 veteran exemption; newly eligible veterans. - A. A county assessor shall include with the notice of...

Section 7-38-21 - Protests; election of remedies. - A. A property owner may protest the value or classification...

Section 7-38-22 - Protesting values, classification, allocation of values and denial of exemption determined by the division. - A. A property owner may protest the value or classification...

Section 7-38-23 - Protest hearings; verbatim record; action by hearing officer; time limitations. - A. Except for the rules relating to discovery, the technical...

Section 7-38-24 - Protesting values, classification, allocation of values and denial of exemption or limitation on increase in value determined by the county assessor. - A. A property owner may protest the value or classification...

Section 7-38-25 - County valuation protests boards; creation; duties; funding. - A. There is created in each county a "county valuation...

Section 7-38-26 - Scheduling of protest hearings. - Before scheduling a protest hearing, the county assessor shall notify...

Section 7-38-27 - Protest hearings; verbatim record; action by county valuation protests board; time limitations. - A. Except for the rules relating to discovery, the technical...

Section 7-38-28 - Appeals from orders of the hearing officer or county valuation protests boards. - A. A property owner may appeal an order made by...

Section 7-38-29 - Retention of hearing records. - Untranscribed verbatim records of protest hearings shall be retained until...

Section 7-38-30 - Department to allocate and certify valuations to county assessors. - By June 1 of each year, the department shall certify...

Section 7-38-31 - County assessor to certify net taxable values to the department. - After receiving the values for property taxation purposes certified to...

Section 7-38-32 - Department to prepare a compilation of net taxable values to be used for budget making and rate setting. - A. No later than June 30 of each year, the...

Section 7-38-33 - Department of finance and administration to set tax rates. - A. No later than September 1 of each year, the...

Section 7-38-34 - Board of county commissioners to order imposition of the tax. - Within five days of receipt of the property tax rate-setting...

Section 7-38-35 - Preparation of property tax schedule by assessor. - A. After receipt of the rate-setting order and the order...

Section 7-38-36 - Preparation and mailing of property tax bills. - A. A copy of the property tax schedule prepared by...

Section 7-38-36.1 - Administrative fee to be charged if property tax is less than five dollars ($5.00). - A. If the property tax on property for which a...

Section 7-38-36.2 - Procedures to delay the mailing of property tax bills for counties for which a property tax levy is imposed at the November 2019 or 2021 regular local election to put the question of imposing or renewing a levy before the voters. - A. In 2019 and 2021: (1) if a local government...

Section 7-38-37 - Contents of property tax bill. - Each property tax bill shall be in a form and...

Section 7-38-38 - Payment of property taxes; installment due dates; refund in cases of overpayments. - A. Unless otherwise provided in the Property Tax Code, property...

Section 7-38-38.1 - Recipients of revenue produced through ad valorem levies required to pay counties administrative charge to offset collection costs. - A. As used in this section: (1) "revenue" means money...

Section 7-38-38.2 - Prepayment of certain property tax installments; resolution by board of county commissioners. - A. Each board of county commissioners, by resolution, may as...

Section 7-38-38.3 - Optional prepayment of property taxes in monthly payments. - A board of county commissioners may by resolution provide property...

Section 7-38-39 - Protesting values; claim for refund. - After receiving his property tax bill and after making payment...

Section 7-38-40 - Claims for refund; civil action. - A. Claims for refund shall be filed by the property...

Section 7-38-41 - Protested property taxes; suspense fund; refunds; interest. - A. Each county treasurer shall establish a fund to be...

Section 7-38-42 - Collection and receipt of and accounting for property taxes; application of receipts to delinquent taxes. - A. The county treasurer has the responsibility and authority for...

Section 7-38-43 - Distribution of receipts from collected property taxes, penalties and interest. - The county treasurer shall distribute the receipts from collected property...

Section 7-38-44 - Special procedures for administration of taxes on personal property when probable removal of property from state will jeopardize collection of taxes. - A. If the director or a county assessor has reasonable...

Section 7-38-44.1 - Special procedures for administration of taxes on real property divided or combined. - A. For real property subject to valuation for property taxation...

Section 7-38-45 - Special provisions relating to administration of taxes on livestock. - A. The New Mexico livestock board shall furnish to the...

Section 7-38-46 - Delinquent property taxes. - A. Property taxes that are not paid within thirty days...

Section 7-38-47 - Property taxes are personal obligation of owner of property. - Property taxes imposed are the personal obligation of the person...

Section 7-38-48 - Property taxes are a lien against real property from January 1; priorities; continuance of taxing process. - A. Except as provided in Subsection B of this section,...

Section 7-38-49 - Unpaid property taxes; imposition of interest. - If property taxes are not paid for any reason within...

Section 7-38-50 - Delinquent taxes; civil penalties. - A. If property taxes become delinquent, a penalty of one...

Section 7-38-51 - Notification to property owner of delinquent property taxes. - A. In respect to any tax that is delinquent for...

Section 7-38-52 - Notification to motor vehicle division of unpaid property taxes on manufactured homes; notice of filing constitutes lien on vehicle. - A. In the preparation of the tax delinquency notices, the...

Section 7-38-53 - Collection of delinquent property taxes on personal property; assertion of claim against personal property. - A county treasurer may collect delinquent property taxes on personal...

Section 7-38-54 - Demand warrant; contents. - A demand warrant shall: A. contain a statement of the...

Section 7-38-55 - Surrender of personal property; penalty for refusal. - A. Any person in the possession of personal property subject...

Section 7-38-56 - Release of personal property seized. - The county treasurer may release all or part of the...

Section 7-38-57 - Notice of sale of personal property. - A. As soon as practical after the seizure of personal...

Section 7-38-58 - Personal property sale requirements. - A. The county treasurer must offer for sale all personal...

Section 7-38-59 - Certificates of sale; effect of certificates of sale. - A. Upon receiving payment for the personal property sold, the...

Section 7-38-60 - Notification to property owner of delinquent taxes. - By June 10 of each year, the county treasurer shall...

Section 7-38-61 - Real property taxes delinquent for more than two years; treasurer to prepare delinquency list; notation on property tax schedule. - A. By July 1 of each year, the county treasurer...

Section 7-38-62 - Authority of department to collect delinquent property taxes after receipt of tax delinquency list; allowing an authorized county treasurer to act as an agent of the department; use of penalties, interest and costs. - A. After the receipt of the tax delinquency list, the...

Section 7-38-63 - Payment of delinquent taxes to the department; distribution. - At the time of payment to the department of delinquent...

Section 7-38-64 - Repealed. - Repeals. — Laws 1997, ch. 124, § 3 repealed 7-38-64...

Section 7-38-65 - Collection of delinquent taxes on real property; sale of real property. - A. If a lien exists by the operation of Section...

Section 7-38-66 - Sale of real property for delinquent taxes; notice of sale. - A. At least twenty days but not more than thirty...

Section 7-38-67 - Real property sale requirements. - A. Real property shall not be sold for delinquent taxes...

Section 7-38-67.1 - Sale of abandoned real property; notice of sale; requirements. - A. Abandoned real property may be sold by special sale....

Section 7-38-68 - Installment agreements. - A. The division may enter into an installment agreement for...

Section 7-38-69 - Distribution of amounts collected under installment agreements. - Amounts collected under installment agreements entered into by the department...

Section 7-38-70 - Issuance of deeds as result of sale of real property for delinquent taxes; effect of deeds; limitation of action to challenge conveyance. - A. Upon receiving payment for real property sold for delinquent...

Section 7-38-71 - Distribution of amounts received from sale of property. - A. Money received by the department from the sale of...

Section 7-38-72 - Notation on property tax schedule by county treasurer when property sold for delinquent taxes. - When the county treasurer receives written notification from the division...

Section 7-38-73 - Department of finance and administration to promulgate regulations regarding accounting for and distribution of property taxes collected. - The department of finance and administration is authorized and directed...

Section 7-38-74 - Officers and employees engaged in the administration of the property tax prohibited from buying property sold for delinquent property taxes; penalties for violation; sales of real property in violation declared void. - A. Officers or employees of the state or of any...

Section 7-38-75 - Exception to property tax due date. - When, because of provisions of the Property Tax Code, a...

Section 7-38-76 - Property subject to property taxation but omitted from property tax schedules in prior years. - A. Subject to the limitations contained in the Property Tax...

Section 7-38-77 - Authority to make changes in property tax schedule after its delivery to the county treasurer. - A. After delivery of the property tax schedule to the...

Section 7-38-77.1 - Changes in property tax schedule ordered by the department of finance and administration. - After the delivery of the property tax schedule to the...

Section 7-38-78 - Action by property owner in district court to change property tax schedule. - A. After the delivery of the property tax schedule to...

Section 7-38-79 - Changes in property tax schedule ordered by the division; action by the division in district court to enforce ordered changes. - A. After the delivery of the property tax schedule to...

Section 7-38-80 - Changes in property tax schedules as result of treasurer's action, department order or court order; collection of any additional property taxes due as result; refund of property taxes paid erroneously. - A. If, as a result of actions authorized under Sections...

Section 7-38-81 - Limitation on actions for collection of property taxes; presumption of payment of property taxes after ten years. - A. Property may not be sold and proceedings may not...

Section 7-38-81.1 - Limitation on actions for collection of any levy or assessment in the form of property taxes; presumption of payment after ten years. - A. Property may not be sold and proceedings may not...

Section 7-38-82 - Duty of persons responsible for administration of property tax to ascertain the names of owners of property; use of term "unknown owner" prohibited except in certain cases; validity of procedures when name of owner is incorrect or u... - A. It is the duty of all persons charged with...

Section 7-38-83 - Timeliness. - A. When the last day for performing an act falls...

Section 7-38-84 - Notices; mailing. - A. Any notice that is required to be made to...

Section 7-38-85 - Extension of deadlines; general provision. - The director may extend any deadline in the Property Tax...

Section 7-38-86 - Extension of deadlines at request of property owners. - The director may extend the time by which reports are...

Section 7-38-87 - Administrative regulations; promulgation; general provisions. - A. Except for regulations promulgated by the department, regulations authorized...

Section 7-38-88 - Repealed. - Repeals. — Laws 1991, ch. 166, § 14 repealed 7-38-88...

Section 7-38-89 - Validity of certain regulations; judicial review. - A. Any person who is or may be adversely affected...

Section 7-38-90 - Repealed. - Repeals. — Laws 1995, ch. 31, § 7 repealed 7-38-90...

Section 7-38-91 - Repealed. - Repeals. — Laws 1995, ch. 31, § 7 repealed 7-38-91...

Section 7-38-92 - Attempts to evade or defeat the property tax. - Any person who willfully attempts to evade the payment of...

Section 7-38-93 - Interference with the administration of the Property Tax Code. - Any person who by force, bribe, threat or other corrupt...

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2021 New Mexico Statutes Chapter 7 - Taxation Article 38 - Administration and Enforcement of Property Taxes

2021 New Mexico Statutes
Chapter 7 - Taxation
Article 38 - Administration and Enforcement of Property Taxes