2021 New Mexico Statutes
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 this act may be cited as the "Deed of Trust Act".
History: Laws 1987, ch. 61, ยง 1.

Next >>

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 48 - Liens and Mortgages

Article 10 - Deeds of Trust

Section 48-10-1 - Short title.

Section 48-10-2 - Repealed.

Section 48-10-3 - Definitions.

Section 48-10-4 - Repealed.

Section 48-10-5 - Description of trust real estate; mailing address of trustor, beneficiary and trustee.

Section 48-10-6 - Trustee of deed of trust; qualification.

Section 48-10-7 - Appointment of successor trustee by beneficiary.

Section 48-10-8 - Deed of trust as security.

Section 48-10-9 - Grants in trust of real estate; uses.

Section 48-10-10 - Sale of trust real estate; power of trustee; foreclosure of deed of trust.

Section 48-10-11 - Notice of trustee's sale.

Section 48-10-12 - Request for copies of notice of sale; mailing by trustee or beneficiary.

Section 48-10-13 - Sale by public auction; postponement of sale.

Section 48-10-14 - Payment of bid; trustee's deed.

Section 48-10-15 - Disposition of proceeds of sale.

Section 48-10-16 - Redemption.

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.

Section 48-10-18 - Method of indexing.

Section 48-10-19 - Limitation on action or sale of trust real estate.

Section 48-10-20 - Notice from instruments recorded; assignment of a beneficial interest.

Section 48-10-21 - Liberal interpretation.