reglab/housing_qa huggingface dataset:
NM Stat § 47-1-51 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-51 - Plane coordinates, x and y; definition.

The plane coordinates of a point on the earth's surface, to be used in expressing the position or location of the point in the appropriate zone of this system, shall consist of two distances, expressed in feet and decimals of a foot when using the New Mexico coordinate system of 1927 and expressed in meters and decimals of a meter when using the New Mexico coordinate system of 1983. One of these distances, to be known as the "x-coordinate", shall give the position in an east-and-west direction; the other, to be known as the "y-coordinate", shall give the position in a north-and-south direction. These coordinates shall be made to depend upon and conform to the coordinates, on the New Mexico coordinate system, of the horizontal control stations of the national ocean survey and national geodetic survey within the state, as those coordinates have been determined by the survey. The length of one foot expressed in meters is equal to 1200 divided by 3937 exactly. History: 1953 Comp., § 70-1-49, enacted by Laws 1957, ch. 147, § 3; 1989, ch. 104, § 3.
NM Stat § 47-1-52 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-52 - Description of land located in more than one zone.

When any tract of land to be defined by a single description extends from one into another of the coordinate zones as provided in Section 47-1-49 NMSA 1978, the positions of all points on its boundaries may be referred to either of the zones; the zone which is used shall be specifically named in the description. History: 1953 Comp., § 70-1-50, enacted by Laws 1957, ch. 147, § 4; 1989, ch. 104, § 4. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 26 C.J.S. Deeds § 29.
NM Stat § 47-1-53 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-53 - Definition of coordinate system according to U.S. coast and geodetic survey [national ocean survey and national geodetic survey].

A. For purposes of more precisely defining the New Mexico coordinate system, the following definition by the national ocean survey and national geodetic survey is adopted: (1) the New Mexico coordinate system, east zone, is a transverse mercator projection having a central meridian 104 20' west of Greenwich, on which meridian the scale is set at one part in 11,000 too small. The origin of coordinates is at the intersection of the meridian 104 20' west of Greenwich and the parallel 31 00' north latitude; (2) the New Mexico coordinate system, central zone, is a transverse mercator projection having a central meridian 106 15' west of Greenwich, on which meridian the scale is set at one part in 10,000 too small. The origin of coordinates is at the intersection of the meridian 106 15' west of Greenwich and the parallel 31 00' north latitude; (3) the New Mexico coordinate system, west zone, is a transverse mercator projection having a central meridian 107 50' west of Greenwich, on which meridian the scale is set at one part in 12,000 too small. The origin of coordinates is at the intersection of the meridian 107 50' west of Greenwich and the parallel 31 00' north latitude; and (4) the origin for each zone is assigned the coordinates: x = 500,000 feet and y = 0 feet for the New Mexico coordinate system of 1927. The origin for the east zone is assigned to the coordinates: x = 165,000 meters and y = 0 meters, for the central zone x = 500,000 meters and y = 0 meters and for the west zone x = 830,000 meters and y = 0 meters for the New Mexico coordinate system of 1983. B. The position of the New Mexico coordinate system shall be as marked on the ground by horizontal control stations established in conformity with standards adopted by the national ocean survey and national geodetic survey for first-order, second-order and third-order work, whose geodetic positions have been rigidly adjusted on the North American datum of 1927 or of 1983, and whose coordinates have been computed on the system defined in this section. Any such station may be used for establishing a survey connection with the New Mexico coordinate system. History: 1953 Comp., § 70-1-51, enacted by Laws 1957, ch. 147, § 5; 1989, ch. 104, § 5. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Am. Jur. 2d, A.L.R. and C.J.S. references. — Description in deed as relating to magnetic or true meridian, 70 A.L.R.3d 1220.
NM Stat § 47-1-54 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-54 - Recordation of land description based on coordinate system; limitation.

No coordinates based on the New Mexico coordinate system, purporting to define the position of a point on a land boundary, shall be presented to be recorded in any public land records or deed records unless such point is within eight kilometers of a monumented horizontal control station established by and for and for which coordinate data has been published by an agency of the state of New Mexico or a political subdivision of the state or established in conformity with the standards of accuracy and specifications for first-, second- or third- order geodetic surveying as prepared and published by the federal geodetic control committee of the United States department of commerce. Standards and specifications of the federal geodetic control committee or its successor in force on the date of the geodetic survey shall apply. The publication of the existing control stations, or the acceptance with intent to publish the newly established control stations by the national ocean survey and national geodetic survey, shall constitute evidence of adherence to the federal geodetic control committee's specifications. The limitations of this section may be further modified by the secretary of highway and transportation. History: 1953 Comp., § 70-1-52, enacted by Laws 1957, ch. 147, § 6; 1970, ch. 36, § 1; 1977, ch. 247, § 180; 1989, ch. 104, § 6.
NM Stat § 47-1-55 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-55 - [Use on maps, reports of survey or other documents.]

The use of the term "New Mexico coordinate system" on any map, report of survey or other document, shall be limited to coordinates based on the New Mexico coordinate system as defined. History: 1953 Comp., § 70-1-53, enacted by Laws 1957, ch. 147, § 7. ANNOTATIONSCross references. — For void indemnity agreements, see 56-7-1 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — Conveyance of lot with reference to map or plat as giving purchaser rights in indicated streets, alleys or areas not abutting his lot, 7 A.L.R.2d 607.
NM Stat § 47-1-56 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-56 - Use of coordinate system.

For the purpose of describing the location of any survey station or land boundary corner in the state of New Mexico, it shall be considered a complete, legal and satisfactory description of such location to give the position of said survey state or land boundary corner on the system of coordinates defined in Sections 47-1-49 through 47-1-56 NMSA 1978. Nothing contained in those sections shall require a purchaser or mortgagee of real property to rely wholly on a land description, any part of which depends exclusively upon the New Mexico coordinate system. Where conflicts arise in the location of a corner or other boundary element when such corner or element's location is described in both the conventional system and the New Mexico coordinate system, the description providing the most certain location shall be used. History: 1978 Comp., § 47-1-56, enacted by Laws 1989, ch. 104, § 7. ANNOTATIONSRepeals and reenactments. — Laws 1989, ch. 104, § 7 repealed former 47-1-56 NMSA 1978, as enacted by Laws 1957, ch. 147, § 8, relating to construction of description by coordinates as supplemental, and enacted a new section, effective June 16, 1989. Severability. — Laws 1989, ch. 104, § 8 provided for the severability of the act if any part or application thereof is held invalid. Am. Jur. 2d, A.L.R. and C.J.S. references. — Description of land conveyed by reference to river or stream as carrying to thread or center or only to bank thereof - modern status, 78 A.L.R.3d 604.
NM Stat § 47-1A-1 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1A - Uniform Vendor and Purchaser Risk Act|Section 47-1A-1 - Short title.

This act [47-1A-1 to 47-1A-2 NMSA 1978] may be cited as the "Uniform Vendor and Purchaser Risk Act". History: Laws 1997, ch. 36, § 1. ANNOTATIONSEffective dates. — Laws 1997, ch. 36, § 3 made the Uniform Vendor and Purchaser Risk Act effective July 1, 1997.
NM Stat § 47-1A-2 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1A - Uniform Vendor and Purchaser Risk Act|Section 47-1A-2 - Risk of loss.

A contract made after the effective date of the Uniform Vendor and Purchaser Risk Act for the purchase and sale of real estate shall be interpreted as including an agreement that the parties shall have the following rights and duties, unless the contract expressly provides otherwise: A. if, when neither the legal title nor the possession of the subject matter of the contract have been transferred, all or a material part thereof is destroyed without fault of the purchaser or is taken by eminent domain, the vendor cannot enforce the contract, and the purchaser is entitled to recover any portion of the price that has been paid; or B. if, when either the legal title or the possession of the subject matter of the contract has been transferred, all or any part thereof is destroyed without fault of the vendor or is taken by eminent domain, the purchaser is not thereby relieved from a duty to pay the price, nor is he entitled to recover any portion thereof that has been paid. History: Laws 1997, ch. 36, § 2. ANNOTATIONSEffective dates. — Laws 1997, ch. 36, § 3 made the Uniform Vendor and Purchaser Risk Act effective July 1, 1997.
NM Stat § 47-2-1 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 2 - Real Estate Trusts|Section 47-2-1 - Short title.

Sections 1 through 6 [47-2-1 to 47-2-6 NMSA 1978] of this act may be cited as the "Real Estate Trust Act". History: 1953 Comp., § 70-6-1, enacted by Laws 1973, ch. 390, § 1. ANNOTATIONSEffective dates. — Laws 1997, ch. 36, § 3 made the Uniform Vendor and Purchaser Risk Act effective July 1, 1997. Am. Jur. 2d, A.L.R. and C.J.S. references. — Adverse possession by third party or stranger of property held in trust, 2 A.L.R. 41. Creation of express trust in property to be acquired in future, 3 A.L.R.3d 1416.
NM Stat § 47-2-2 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 2 - Real Estate Trusts|Section 47-2-2 - Definitions.

As used in the Real Estate Trust Act: A. "real estate trust" means an unincorporated business trust organized and operated in conformity with the Real Estate Trust Act; B. "declaration" means the written document establishing the real estate trust and all subsequent amendments to that document; C. "trustees" means those natural persons designated as trustees in the declaration, and their successors in office; D. "beneficial owners" means those persons who hold the beneficial interest in the real estate trust; E. "real estate assets" means real property, real estate mortgages, real estate contracts, leasehold interests in real property and shares of beneficial interests in other real estate trusts, foreign or domestic, whether or not organized under the Real Estate Trust Act; F. "real estate mortgages" includes all forms of liens on real property and all transfers of real property for security purposes, including deeds of trust; G. "real estate contracts" means any contractual obligation for the sale and conveyance, or purchase and receipt of conveyance, of real property, subject to the terms and conditions of the contract; and H. "trust estate" means the money, property and assets of a real estate trust. History: 1953 Comp., § 70-6-2, enacted by Laws 1973, ch. 390, § 2.
NM Stat § 47-2-3 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 2 - Real Estate Trusts|Section 47-2-3 - Organization of real estate trusts.

A real estate trust is established by filing for record with the clerk of the county in which its principal office in this state is located a declaration signed by all of its trustees, which must be at least three in number, and acknowledged before a notary public, which states: A. that the real estate trust is organized and will be operated in conformity with the Real Estate Trust Act; B. that the real estate trust has been established to invest in real estate assets and to pay over the net income and profits of the trust estate to the beneficial owners; C. the location of the principal office of the real estate trust in this state and its mailing address; D. the name, business address and the residential address of each trustee; E. the period during which trustees shall hold office and the manner in which they shall be succeeded in office; F. the number of units into which the beneficial ownership of the trust estate is to be divided and a description of the rights and privileges inuring to the holder of each unit; G. that the real estate trust will not invest in any asset or take any other investment action unless its beneficial owners number more than one hundred persons, nor while any five of its beneficial owners own, directly or indirectly, an aggregate of more than fifty percent of the real estate trust; and H. any other provisions for the regulation of the affairs of the real estate trust that the trustees elect to set forth in the declaration. History: 1953 Comp., § 70-6-3, enacted by Laws 1973, ch. 390, § 3.
NM Stat § 47-2-4 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 2 - Real Estate Trusts|Section 47-2-4 - Operation of real estate trusts.

A. Except as limited or reserved to the beneficial owners by the declaration, the trustees are vested with the authority for the control, operation, disposition, investment, reinvestment and management of the trust estate. B. The action of a majority of the trustees is the action of the real estate trust except as otherwise provided by the declaration. C. Trustees shall hold office and be succeeded in office as provided by the declaration, but no successor may act as trustee until he has filed for record with the clerk of the county in which the principal office of the real estate trust is located a document, signed by him and acknowledged before a notary public, by which he assumes the obligations of trustee as provided in the declaration. D. Any legal process, notice or demand required or permitted by law to be served upon a real estate trust may be served upon any trustee currently in office, or upon the person in charge of the principal office of the trust in this state. E. The trustees shall cause the real estate trust to maintain complete books of account, records, and memoranda reflecting the financial and other activities of the real estate trust, the decisions of the trustees, the name and address of persons who are beneficial owners of the trust, and the number of units held by each. These documents shall be open for inspection and copying by any beneficial owner at any reasonable time for any good faith purpose related to the interest of the beneficial owner. The trustees shall cause current financial statements of the real estate trust to be transmitted annually to the beneficial owners. These statements shall reflect the assets, liabilities and operations of the real estate trust and be prepared in accordance with generally accepted accounting principles. History: 1953 Comp., § 70-6-4, enacted by Laws 1973, ch. 390, § 4. ANNOTATIONSEffective dates. — Laws 1997, ch. 36, § 3 made the Uniform Vendor and Purchaser Risk Act effective July 1, 1997. Am. Jur. 2d, A.L.R. and C.J.S. references. — 76 Am. Jur. 2d Trusts §§ 280, 410, 546, 547. 90 C.J.S. Trusts §§ 160, 172.
NM Stat § 47-2-6 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 2 - Real Estate Trusts|Section 47-2-6 - Real estate trusts; general provisions.

A. A real estate trust is a separate legal entity and solely responsible for its debts and obligations. No trustee or beneficial owner, solely because of that status, shall be individually liable for the acts, omissions, debts or obligations of the real estate trust, except for his own bad faith, willful misfeasance, gross negligence, or reckless disregard of his duties. B. Certificates evidencing units of beneficial ownership in a real estate trust are investment securities within the meaning of the Uniform Commercial Code [Chapter 55 NMSA 1978] and within the meaning of state and federal securities laws. C. The conduct of the trustees in relation to the real estate trust, to the trust estate, and to the beneficial owners, shall be judged by the fiduciary responsibilities of trustees of a business trust. D. Any existing trust and a real estate trust having its principal place of business in another state may, but need not, adopt the provisions of the Real Estate Trust Act by filing for record a document conforming to the act with the clerk of the county in which the principal office of the real estate trust in this state is located. History: 1953 Comp., § 70-6-6, enacted by Laws 1973, ch. 390, § 6. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 76 Am. Jur. 2d Trusts § 410.
NM Stat § 47-3-1 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 3 - Solar Rights|Section 47-3-1 - Short title.

Sections 47-3-1 through 47-3-5 NMSA 1978 may be cited as the "Solar Rights Act". History: 1953 Comp., § 70-8-1, enacted by Laws 1977, ch. 169, § 1; 2007, ch. 232, § 2. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, changed the statutory reference to the act. Law reviews. — For note, "Access to Sunlight: New Mexico's Solar Rights Act," see 19 Nat. Res. J. 957 (1979); 10 N.M.L. Rev. 169 (1979-80). For article, "Access to Solar Energy: The Problem and Its Current Status," see 22 Nat. Res. J. 21 (1982). Am. Jur. 2d, A.L.R. and C.J.S. references. — Solar energy: landowner's rights against interference with sunlight desired for purposes of solar energy, 29 A.L.R.4th 349.
NM Stat § 47-3-2 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 3 - Solar Rights|Section 47-3-2 - Declaration and findings.

The legislature declares that the state of New Mexico recognizes that economic benefits can be derived for the people of the state from the use of solar energy. Operations, research, experimentation and development in the field of solar energy use shall therefore be encouraged. While recognizing the value of research and development of solar energy use techniques and devices by governmental agencies, the legislature finds and declares that the actual construction and use of solar devices, whether at public or private expense, is properly a commercial activity which the law should encourage to be carried out, whenever practicable, by private enterprise. History: 1953 Comp., § 70-8-2, enacted by Laws 1977, ch. 169, § 2.
NM Stat § 47-3-3 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 3 - Solar Rights|Section 47-3-3 - Definitions.

As used in the Solar Rights Act: A. "solar collector" means a device, substance or element, or a combination of devices, substances or elements, that relies upon sunshine as an energy source and that is capable of collecting not less than twenty-five thousand British thermal units on a clear winter solstice day or that is used for the conveyance of light to the interior of a building. The term also includes any device, substance or element that collects solar energy for use in: (1) the heating or cooling of a structure or building; (2) the heating or pumping of water; (3) industrial, commercial or agricultural processes; or (4) the generation of electricity. A solar collector may be used for purposes in addition to the collection of solar energy. These uses include, but are not limited to, serving as a structural member or part of a roof of a building or structure and serving as a window or wall; and B. "solar right" means a right to an unobstructed line-of-sight path from a solar collector to the sun, which permits radiation from the sun to impinge directly on the solar collector. History: 1953 Comp., § 70-8-3, enacted by Laws 1977, ch. 169, § 3; 2007, ch. 232, § 3. ANNOTATIONSThe 2007 amendment, effective June 15, 2007, expanded the definition of "solar collector" to include devices that convey light to the interior of a building. Law reviews. — For note, "Access to Sunlight: New Mexico's Solar Rights Act," see 19 Nat. Res. J. 957 (1979); 10 N.M.L. Rev. 169 (1979-80).
NM Stat § 47-3-4 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 3 - Solar Rights|Section 47-3-4 - Declaration of solar rights.

A. The legislature declares that the right to use the natural resource of solar energy is a property right, the exercise of which is to be encouraged and regulated by the laws of this state. Such property right shall be known as a solar right. B. The following concepts shall be applicable to the regulation of disputes over the use of solar energy where practicable: (1) "beneficial use." Beneficial use shall be the basis, the measure and the limit of the solar right, except as otherwise provided by written contract. If the amount of solar energy which a solar collector user can beneficially use varies with the season of the year, then the extent of the solar right shall vary likewise; (2) "prior appropriation." In disputes involving solar rights, priority in time shall have the better right except that the state and its political subdivisions may legislate, or ordain that a solar collector user has a solar right even though a structure or building located on neighborhood property blocks the sunshine from the proposed solar collector site. Nothing in this paragraph shall be construed to diminish in any way the right of eminent domain of the state or any of its political subdivisions or any other entity that currently has such a right; and (3) "transferability." Solar rights shall be freely transferable within the bounds of such regulation as the legislature may impose. The transfer of a solar right shall be recorded in accordance with Chapter 14, Article 9 NMSA 1978. C. Unless a singular overriding state concerns occur which significantly affect the health and welfare of the citizens of this state, permit systems for the use and application of solar energy shall reside with county and municipal zoning authorities. History: 1953 Comp., § 70-8-4, enacted by Laws 1977, ch. 169, § 4. ANNOTATIONSLaw reviews. — For note, "Rate Structure and Energy Conservation in the 1977 New Mexico Legislative Session," see 8 N.M.L. Rev. 99 (1978). For note, "Access to Sunlight: New Mexico's Solar Rights Act," see 19 Nat. Res. J. 957 (1979); 10 N.M.L. Rev. 169 (1979-80). For article, "Access to Solar Energy: The Problem and Its Current Status," see 22 Nat. Res. J. 21 (1982).
NM Stat § 47-3-5 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 3 - Solar Rights|Section 47-3-5 - Prior rights unaffected.

Nothing in the Solar Rights Act shall be construed to alter, amend, deny, impair or modify any solar right, lease, easement or contract right which has vested prior to the effective date of the Solar Rights Act. History: 1953 Comp., § 70-8-5, enacted by Laws 1977, ch. 169, § 5.
NM Stat § 47-3-6 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 3 - Solar Rights|Section 47-3-6 - Short title.

This act [47-3-6 to 47-3-12 NMSA 1978] may be cited as the "Solar Recordation Act". History: Laws 1983, ch. 233, § 1.