New Mexico Statutes
Article 2 - Intestate Succession and Wills
Part 9 - UNIFORM STATUTORY RULE AGAINST PERPETUITIES; HONORARY TRUSTS; TRUSTS FOR PETS; TIME LIMITS ON OPTIONS IN GROSS AND CERTAIN OTHER INTERESTS IN REAL PROPERTY

Subpart 1 - Uniform Statutory Rule Against Perpetuities

Section 45-2-901 - Statutory rule against perpetuities. - A. A nonvested property interest is invalid unless: (1) when...

Section 45-2-902 - Nonvested property interest or power of appointment created. - A. Except as provided in Subsections B and C of...

Section 45-2-903 - Reformation. - Upon the petition of an interested person, a court shall...

Section 45-2-904 - Exclusions. - A. Section 45-2-901 NMSA 1978 does not apply to: (1)...

Section 45-2-905 - Prospective application. - A. Except as extended by Subsection B of this section,...

Section 45-2-906 - Supersession. - Sections 45-2-901 through 45-2-905 NMSA 1978 supersede the rule of...

Subpart 2 - Honorary Trusts; Trusts ForPets

Section 45-2-907 - Repealed. - History: 1978 Comp., § 45-2-907, enacted by Laws 1995, ch....

Subpart 3 - Time Limits On Options In GrossAnd Certain Other Interests In Real Property

Section 45-2-908 - Definitions. - As used in Sections 45-2-909 through 45-2-914 NMSA 1978: A....

Section 45-2-909 - Interest in real property. - An option in gross with respect to an interest in...

Section 45-2-910 - Lease to commence in the future. - A lease of real property to commence at a time...

Section 45-2-911 - Nonvested easement. - A nonvested easement in gross becomes invalid if it does...

Section 45-2-912 - Possibility of reverter, right of entry, executory interest. - A possibility of reverter preceded by a fee simple determinable,...

Section 45-2-913 - Exclusions. - A. Section 45-2-912 NMSA 1978 does not apply to a...

Section 45-2-914 - Application. - Sections 45-2-908 through 45-2-913 NMSA 1978 apply only to a...