reglab/housing_qa huggingface dataset:
NM Stat § 45-2-112 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 1 - General Provisions|Section 45-2-112 - Dower and curtesy abolished.

The estates of dower and curtesy are abolished. History: 1953 Comp., § 32A-2-113, enacted by Laws 1975, ch. 257, § 2-113; repealed and reenacted by Laws 1993, ch. 174, § 14. ANNOTATIONSOfficial comments. — See Commissioners on Uniform State Laws official comment to 2-112 UPC. Repeals and reenactments. — Laws 1993, ch. 174, § 14 repealed former 45-2-112 NMSA 1978, as enacted by Laws 1975, ch. 257, § 2-112, relating to aliens, and enacted a new section, effective July 1, 1993. Compiler's notes. — The language of this section is identical to that of former 29-1-23, 1953 Comp. Law reviews. — For article, "Intestate Succession and Wills Law: The New Probate Code," see 6 N.M.L. Rev. 25 (1975). Am. Jur. 2d, A.L.R. and C.J.S. references. — 25 Am. Jur. 2d Dower and Curtesy §§ 2, 4, 7. Constitutionality of statutes in relation to dower, 10 A.L.R.3d 212. 26A C.J.S. Descent and Distribution §§ 6, 48, 60.
NM Stat § 45-2-113 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 1 - General Provisions|Section 45-2-113 - Individuals related to decedent through two lines.

An individual who is related to the decedent through two lines of relationship is entitled to only a single share based on the relationship that would entitle the individual to the larger share. History: 1953 Comp., § 32A-2-113, enacted by Laws 1975, ch. 257, § 2-113; repealed and reenacted by Laws 1993, ch. 174, § 15. ANNOTATIONSRepeals and reenactments. — Laws 1993, ch. 174, § 15 repealed former 45-2-113 NMSA 1978, as enacted by Laws 1975, ch. 257, § 2-113, relating to the abolition of curtesy and dower, and enacted a new section, effective July 1, 1993.
NM Stat § 45-2-115 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 2 - Parent-Child Relationship|Section 45-2-115 - Definitions.

As used in Subpart 2 of Part 1 of Article 2 of the Uniform Probate Code: A. "adoptee" means an individual who is adopted; B. "assisted reproduction" means a method of causing pregnancy other than sexual intercourse; C. "divorce" includes an annulment, dissolution and declaration of invalidity of a marriage; D. "functioned as a parent of the child" means behaving toward a child in a manner consistent with being the child's parent and performing functions that are customarily performed by a parent, including fulfilling parental responsibilities toward the child, recognizing or holding out the child as the individual's child, materially participating in the child's upbringing and residing with the child in the same household as a regular member of that household; E. "genetic father" means the man whose sperm fertilized the egg of a child's genetic mother. If the father-child relationship is established under the presumption of paternity pursuant to Paragraph (1), (2) or (3) of Subsection B of Section 40-11A-201 NMSA 1978, the term means only the man for whom that relationship is established; F. "genetic mother" means the woman whose egg was fertilized by the sperm of a child's genetic father; G. "genetic parent" means a child's genetic father or genetic mother; H. "incapacity" means the inability of an individual to function as a parent of a child because of the individual's physical or mental condition; and I. "relative" means a grandparent or a descendant of a grandparent. History: 1978 Comp., § 45-2-115, enacted by Laws 2011, ch. 124, § 13. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 13 effective January 1, 2012.
NM Stat § 45-2-116 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 2 - Parent-Child Relationship|Section 45-2-116 - Effect of parent-child relationship.

Except as otherwise provided in Subsections B through E of Section 45-2-119 NMSA 1978, if a parent-child relationship exists or is established pursuant to Subpart 2 of Part 1 of Article 2 of the Uniform Probate Code, the parent is a parent of the child and the child is a child of the parent for the purpose of intestate succession. History: 1978 Comp., § 45-2-116, enacted by Laws 2011, ch. 124, § 14. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 14 effective January 1, 2012. Cross references. — For provisions relating to the determination of paternity when death occurs during proceedings for dissolution of marriage, separation, annulment of marriage or paternity, see 40-4-20 NMSA 1978. For the New Mexico Uniform Parentage Act, see 40-11A-101 through 40-11A-903 NMSA 1978.
NM Stat § 45-2-117 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 2 - Parent-Child Relationship|Section 45-2-117 - No distinction based on marital status.

Except as otherwise provided in Section 45-2-114, 45-2-119, 45-2-120 or 45-2-121 NMSA 1978, a parent-child relationship exists between a child and the child's genetic parents, regardless of the parents' marital status. History: 1978 Comp., § 45-2-117, enacted by Laws 2011, ch. 124, § 15. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 15 effective January 1, 2012.
NM Stat § 45-2-118 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 2 - Parent-Child Relationship|Section 45-2-118 - Adoptee and adoptee's adoptive parent or parents.

A. A parent-child relationship exists between an adoptee and the adoptee's adoptive parent or parents. B. For purposes of Subsection A of this section: (1) an individual who is in the process of being adopted by a married couple when one of the spouses dies is treated as adopted by the deceased spouse if the adoption is subsequently granted to the decedent's surviving spouse; and (2) a child of a genetic parent who is in the process of being adopted by a genetic parent's spouse when the spouse dies is treated as adopted by the deceased spouse if the genetic parent survives the deceased spouse by one hundred twenty hours. C. If, after a parent-child relationship is established between a child of assisted reproduction and a parent pursuant to Section 45-2-120 NMSA 1978 or between a gestational child and a parent pursuant to Section 45-2-121 NMSA 1978, the child is in the process of being adopted by the parent's spouse when that spouse dies, the child is treated as adopted by the deceased spouse for the purpose of Paragraph (2) of Subsection B of this section. History: 1978 Comp., § 45-2-118, enacted by Laws 2011, ch. 124, § 16. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 16 effective January 1, 2012.
NM Stat § 45-2-119 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 2 - Parent-Child Relationship|Section 45-2-119 - Adoptee and adoptee's genetic parents.

A. Except as otherwise provided in Subsections B through E of this section, a parent-child relationship does not exist between an adoptee and the adoptee's genetic parents. B. A parent-child relationship exists between an individual who is adopted by the spouse of either genetic parent and: (1) the genetic parent whose spouse adopted the individual; and (2) the other genetic parent, but only for the purpose of the right of the adoptee or a descendant of the adoptee to inherit from or through the other genetic parent. C. A parent-child relationship exists between both genetic parents and an individual who is adopted by a relative of a genetic parent or by the spouse or surviving spouse of a relative of a genetic parent, but only for the purpose of the right of the adoptee or a descendant of the adoptee to inherit from or through either genetic parent. D. A parent-child relationship exists between both genetic parents and an individual who is adopted after the death of both genetic parents, but only for the purpose of the right of the adoptee or a descendant of the adoptee to inherit through either genetic parent. E. If, after a parent-child relationship is established between a child of assisted reproduction and a parent or parents pursuant to Section 45-2-120 NMSA 1978 or between a gestational child and a parent or parents pursuant to Section 45-2-121 NMSA 1978, the child is adopted by another or others, the child's parent or parents pursuant to Section 45-2-120 or 45-2-121 NMSA 1978 are treated as the child's genetic parent or parents for the purpose of this section. History: 1978 Comp., § 45-2-119, enacted by Laws 2011, ch. 124, § 17. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 17 effective January 1, 2012.
NM Stat § 45-2-122 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|Article 2 - Intestate Succession and Wills|Part 1 - INTESTATE SUCCESSION|Subpart 2 - Parent-Child Relationship|Section 45-2-122 - Equitable adoption.

Subpart 2 of Part 1 of Article 2 of the Uniform Probate Code does not affect the doctrine of equitable adoption. History: 1978 Comp., § 45-2-122, enacted by Laws 2011, ch. 124, § 20. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 20 effective January 1, 2012.
NM Stat § 45-2-902 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 45-2-902 - Nonvested property interest or power of appointment created.

A. Except as provided in Subsections B and C of this section and except as provided in Subsection A of Section 45-2-905 NMSA 1978, the time of creation of a nonvested property interest or a power of appointment is determined under general principles of property law. B. Under Sections 45-2-901 through 45-2-905 NMSA 1978, if there is a person who alone can exercise a power created by a governing instrument to become the unqualified owner of either a nonvested property interest or a property interest subject to a power of appointment as described in Subsection B or C of Section 45-2-901 NMSA 1978, the nonvested property interest or power of appointment is created when the power to become the unqualified beneficial owner terminates. Under Sections 45-2-901 through 45-2-905 NMSA 1978, a joint power with respect to community property or to marital property under the Uniform Marital Property Act held by individuals married to each other is a power exercisable by one person alone. C. Under Sections 45-2-901 through 45-2-905 NMSA 1978, a nonvested property interest or a power of appointment arising from a transfer of property to a previously funded trust or other existing property arrangement is created when the nonvested property interest or power of appointment in the original contribution was created. History: 1978 Comp., § 45-2-1002, enacted by Laws 1992, ch. 66, § 2; recompiled as 1978 Comp., § 45-2-902 by Laws 1993, ch. 174, § 66; 1995, ch. 210, § 25. ANNOTATIONSOfficial comments. — See Commissioners on Uniform State Law official comment to 2-902 UPC. Repeals. — Laws 1993, ch. 174, § 84 repealed former 45-2-902 NMSA 1978, as enacted by Laws 1975, ch. 257, § 2-902, relating to the duty and liability of the custodian of a will, effective July 1, 1993. For provisions of former section, see the 1992 NMSA 1978 on NMOneSource.com. The 1995 amendment, effective July 1, 1995, substituted "Section 45-2-905 NMSA 1978" for "Section 45-2-1005 NMSA 1978" in Subsection A; substituted "Section 45-2-901 NMSA 1978" for "Section 45-2-1001 NMSA 1978" in the first sentence of Subsection B; and substituted "Sections 45-2-901 through 45-2-905 NMSA 1978" for "Sections 45-2-1001 through 45-2-1005 NMSA 1978" in two places in Subsection B and in Subsection C.
NM Stat § 45-2-903 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 45-2-903 - Reformation.

Upon the petition of an interested person, a court shall reform a disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the ninety years allowed by each Paragraph (2) of Subsections A, B or C of Section 45-2-901 NMSA 1978 if: A. a nonvested property interest or a power of appointment becomes invalid under Section 45-2-901 NMSA 1978; B. a class gift is not but might become invalid under Section 45-2-901 NMSA 1978 and the time has arrived when the share of any class member is to take effect in possession or enjoyment; or C. a nonvested property interest that is not validated by Paragraph (1) of Subsection A of Section 45-2-901 NMSA 1978 can vest but not within ninety years after its creation. History: 1978 Comp., § 45-2-1003, enacted by Laws 1992, ch. 66, § 3; recompiled as 1978 Comp., § 45-2-903 by Laws 1993, ch. 174, § 66; 1995, ch. 210, § 26. ANNOTATIONSOfficial comments. — See Commissioners on Uniform State Law official comment to 2-903 UPC. The 1995 amendment, effective July 1, 1995, substituted "Section 45-2-901 NMSA 1978" for "Section 45-2-1001 NMSA 1978" in four places throughout the section.
NM Stat § 45-2-905 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 45-2-905 - Prospective application.

A. Except as extended by Subsection B of this section, Sections 45-2-901 through 45-2-905 NMSA 1978 apply to a nonvested property interest or a power of appointment that is created on or after July 1, 1992. For purposes of this section, a nonvested property interest or a power of appointment created by the exercise of a power of appointment is created when the power is irrevocably exercised or when a revocable exercise becomes irrevocable. B. If a nonvested property interest or a power of appointment was created before July 1, 1992 and is determined in a judicial proceeding, commenced on or after July 1, 1992, to violate the New Mexico rule against perpetuities as that rule existed before July 1, 1992, a court, upon the petition of an interested person, may reform the disposition in the manner that most closely approximates the transferor's manifested plan of distribution and is within the limits of the rule against perpetuities applicable when the nonvested property interest or power of appointment was created. History: 1978 Comp., § 45-2-1005, enacted by Laws 1992, ch. 66, § 5; recompiled as 1978 Comp., § 45-2-905 by Laws 1993, ch. 174, § 66; 1995, ch. 210, § 28. ANNOTATIONSOfficial comments. — See Commissioners on Uniform State Law official comment to 2-905 UPC. The 1995 amendment, effective July 1, 1995, substituted "Sections 45-2-901 through 45-2-905 NMSA 1978" for "Sections 45-2-1001 through 45-2-1005 NMSA 1978" in the first sentence in Subsection A.
NM Stat § 45-2-906 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 45-2-906 - Supersession.

Sections 45-2-901 through 45-2-905 NMSA 1978 supersede the rule of the common law known as the rule against perpetuities. History: 1978 Comp., § 45-2-1006, enacted by Laws 1992, ch. 66, § 6; recompiled as 1978 Comp., § 45-2-906 by Laws 1993, ch. 174, § 66; 1995, ch. 210, § 29. ANNOTATIONSThe 1995 amendment, effective July 1, 1995, substituted "Sections 45-2-901 through 45-2-905 NMSA 1978" for "Sections 45-2-1001 through 45-2-1005 NMSA 1978".
NM Stat § 45-2-907 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 2 - Honorary Trusts; Trusts ForPets|Section 45-2-907 - Repealed.

History: 1978 Comp., § 45-2-907, enacted by Laws 1995, ch. 210, § 30; repealed by Laws 2016, ch. 69, § 725.ANNOTATIONSRepeals. — Laws 2016, ch. 69, § 725 repealed 45-2-907 NMSA 1978, as enacted by Laws 1995, ch. 210, § 30, relating to honorary trusts, trusts for pets, effective July 1, 2016. For provisions of former section, see the 2015 NMSA 1978 on NMOneSource.com.
NM Stat § 45-2-908 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 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. "nonvested easement in gross" means a nonvested easement that is not created to benefit or that does not benefit the possessor of any real property in the possessor's use of it as the possessor; B. "option in gross with respect to an interest in real property" means an option in which the holder of the option does not own any leasehold or other interest in the real property that is the subject of the option; and C. "preemptive right in the nature of a right of first refusal in gross with respect to an interest in real property" means a preemptive right in which the holder of the preemptive right does not own any leasehold or other interest in the real property that is the subject of the preemptive right. History: 1978 Comp., § 45-2-908, enacted by Laws 2011, ch. 124, § 35. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 35 effective January 1, 2012.
NM Stat § 45-2-909 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 3 - Time Limits On Options In GrossAnd Certain Other Interests In Real Property|Section 45-2-909 - Interest in real property.

An option in gross with respect to an interest in real property or a preemptive right in the nature of a right of first refusal in gross with respect to an interest in real property becomes invalid if it is not actually exercised within thirty years after its creation. History: 1978 Comp., § 45-2-909, enacted by Laws 2011, ch. 124, § 36. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 36 effective January 1, 2012.
NM Stat § 45-2-910 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 3 - Time Limits On Options In GrossAnd Certain Other Interests In Real Property|Section 45-2-910 - Lease to commence in the future.

A lease of real property to commence at a time certain or upon the occurrence or nonoccurrence of a future event becomes invalid if its term does not actually commence in possession within thirty years after its execution. History: 1978 Comp., § 45-2-910, enacted by Laws 2011, ch. 124, § 37. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 37 effective January 1, 2012.
NM Stat § 45-2-911 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 3 - Time Limits On Options In GrossAnd Certain Other Interests In Real Property|Section 45-2-911 - Nonvested easement.

A nonvested easement in gross becomes invalid if it does not actually vest within thirty years after its creation. History: 1978 Comp., § 45-2-911, enacted by Laws 2011, ch. 124, § 38. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 38 effective January 1, 2012.
NM Stat § 45-2-912 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 3 - Time Limits On Options In GrossAnd Certain Other Interests In Real Property|Section 45-2-912 - Possibility of reverter, right of entry, executory interest.

A possibility of reverter preceded by a fee simple determinable, a right of entry preceded by a fee simple subject to a condition subsequent or an executory interest preceded by either a fee simple determinable or a fee simple subject to an executory limitation becomes invalid, and the preceding fee simple becomes a fee simple absolute, if the right to vest in possession of the possibility of reverter, right of entry or executory interest depends on an event or events affecting the use of real property and if the possibility of reverter, right of entry or executory interest does not actually vest in possession within thirty years after its creation. History: 1978 Comp., § 45-2-911, enacted by Laws 2011, ch. 124, § 39. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 39 effective January 1, 2012.
NM Stat § 45-2-913 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 3 - Time Limits On Options In GrossAnd Certain Other Interests In Real Property|Section 45-2-913 - Exclusions.

A. Section 45-2-912 NMSA 1978 does not apply to a possibility of reverter, right of entry or executory interest that is held by a charity, a government or governmental agency or subdivision excluded from the provisions of Section 45-2-901 NMSA 1978 by Subsection E of Section 45-2-904 NMSA 1978. B. Sections 45-2-909 and 45-2-910 NMSA 1978 do not apply to an option, a preemptive right in the nature of a right of first refusal or a lease that relates solely to an interest in oil, gas or other minerals. History: 1978 Comp., § 45-2-911, enacted by Laws 2011, ch. 124, § 40. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 40 effective January 1, 2012.
NM Stat § 45-2-914 (2021)
2021 New Mexico Statutes|Chapter 45 - Uniform Probate Code|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 3 - Time Limits On Options In GrossAnd Certain Other Interests In Real Property|Section 45-2-914 - Application.

Sections 45-2-908 through 45-2-913 NMSA 1978 apply only to a property interest or arrangement affecting real property that is created on or after January 1, 2012. History: 1978 Comp., § 45-2-911, enacted by Laws 2011, ch. 124, § 41. ANNOTATIONSEffective dates. — Laws 2011, ch. 124, § 104 made Laws 2011, ch. 124, § 41 effective January 1, 2012.