New Mexico Statutes
Chapter 48 - Liens and Mortgages
Article 7 - Mortgages

Section 48-7-1 - Right of possession. - In the absence of stipulation to the contrary, the mortgagor...

Section 48-7-2 - Repealed. - History: Laws 1927, ch. 43, § 1; C.S. 1929, §...

Section 48-7-3 - Repealed. - History: Laws 1927, ch. 43, § 2; C.S. 1929, §...

Section 48-7-4 - Release on record upon satisfaction of mortgage. - A. When any debt or evidence of debt secured by...

Section 48-7-4.1 - Alternative form of release of mortgage; filing by title insurer. - A. If, within ninety days after full satisfaction of a...

Section 48-7-5 - [Failure to release; penalty; civil liability.] - Any person who shall be guilty of violating the preceding...

Section 48-7-6 - [Release by administrator or executor of deceased mortgagee.] - When the mortgagee of any land or tenements shall die...

Section 48-7-7 - Sale of real property under power of sale; allowed if trustor agrees. - Except as specifically provided in the Deed of Trust Act...

Section 48-7-8 - Mortgage escrow funds; limitation; credit against principal. - A. A monthly charge may be held in escrow by...

Section 48-7-9 - Mortgages; future advances; lien. - Every mortgage or other instrument securing a loan upon real...

Section 48-7-10 - Mortgages; insurance proceeds. - Where there is a mortgage of a single family residence...

Section 48-7-10.1 - Repealed. - History: Laws 2003, ch. 200, § 1; 2005, ch. 191,...

Section 48-7-11 to 48-7-14 - Repealed. - Repeals. — Laws 1983, ch. 314, § 11, repealed 48-7-11...

Section 48-7-15 - Purpose [of "due-on-sale" law]. - A. The legislature finds that the congress of the United...

Section 48-7-16 - Definitions. - As used in this act [48-7-15 to 48-7-24 NMSA 1978]:...

Section 48-7-17 - Due-on-sale generally enforceable. - Notwithstanding any provision of the statutory or common laws of...

Section 48-7-18 - Real property loan contract controls. - Except as otherwise provided in Sections 5 and 6 [48-7-19,...

Section 48-7-19 - Limitation of enforcement of regulated due-on-sale clauses. - A. In the exercise of its options under a due-on-sale...

Section 48-7-20 - Limitation of exercise of all due-on-sale [options]. - A lender may not exercise its option pursuant to a...

Section 48-7-21 - Security; safeguard. - Any lender who feels the security interest is endangered by...

Section 48-7-22 - Due-on-sale policy on nonregulated contracts. - In the exercise of its option under a due-on-sale clause,...

Section 48-7-23 - Governmental entity limitation of act. - The provisions of Section 5 [48-7-19 NMSA 1978] of this...

Section 48-7-24 - Attorney fees. - Attorney's fees shall be awarded to the prevailing party in...