reglab/housing_qa huggingface dataset:
NM Stat § 47-1-23 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-23 - [Transfer of reversion authorized.]

That the possibility or right of reversion for breach or violation of condition or conditions subsequent contained in any deed or other instrument conveying real estate in the state of New Mexico, is hereby made assignable, and the grantor in any such instrument heretofore or hereafter made affecting real estate in the state of New Mexico, is given the right to assign and transfer such future contigent [contingent] right of reentry, forfeiture and reversion for violation or breach of such condition or conditions subsequent. History: Laws 1937, ch. 4, § 1; 1941 Comp., § 75-118; 1953 Comp., § 70-1-21. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law. Possibility of reverter comes within section and is an alienable contingent reversionary interest. Prince v. Charles Ilfeld Co., 1963-NMSC-135, 72 N.M. 351, 383 P.2d 827. For purpose of triggering a reversionary clause in a deed for immoral purpose, an owner of a mobile home park was not "using" property for an immoral purpose when renting to cohabiting couples, or to tenants engaged in drug trafficking in the absence of a showing of knowledge of the drug trafficking. Maloof v. Pierskorn, 2004-NMCA-126, 136 N.M. 516, 101 P.3d 327, cert. denied, 2004-NMCERT-011, 136 N.M. 656, 103 P.3d 580. Law reviews. — For article, "Toward Clarification of New Mexico's Real Property Statutes," see 1 Nat. Res. J. 163 (1961). Am. Jur. 2d, A.L.R. and C.J.S. references. — 28 Am. Jur. 2d Estates § 315. Reversion of title upon abandonment or vacation of public street or highway, 18 A.L.R. 1008, 70 A.L.R. 564. Reverter, release of possibility of, as vesting fee in grantee, 38 A.L.R. 1111. Grant to one for life, and afterwards, either absolutely or contingently, to grantor's heirs or next of kin, as leaving reversion or creating remainder, 16 A.L.R.2d 691. Validity and effect of transfer of possibility of reverter or right of re-entry, following conveyance of determinable fee or fee subject to condition subsequent, 53 A.L.R.2d 224. Divorce property distribution: treatment and method of valuation of future interest in real estate or trust property not realized during marriage, 62 A.L.R.4th 107. 31 C.J.S. Estates § 106.
NM Stat § 47-1-24 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-24 - [Rights of transferee of reversion.]

The assignee of or any successor to the right of reentry, forfeiture and reversion for breach or violation of condition or conditions subsequent, is hereby given upon such assignment, all of the rights and privileges of the original grantor for the enforcement of reentry, forfeiture and reversion when any such condition or conditions subsequent shall have been breached or broken, including all legal and equitable remedies for the judicial enforcement of such right or rights. History: Laws 1937, ch. 4, § 2; 1941 Comp., § 75-119; 1953 Comp., § 70-1-22. ANNOTATIONSPossibility of reverter comes within section and is an alienable contingent reversionary interest. Prince v. Charles Ilfeld Co., 1963-NMSC-135, 72 N.M. 351, 383 P.2d 827. Law reviews. — For article, "Toward Clarification of New Mexico's Real Property Statutes," see 1 Nat. Res. J. 163 (1961).
NM Stat § 47-1-25 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-25 - Repealed.

History: Laws 1863-1864, p. 54; C.L. 1865, ch. 101, § 8; C.L. 1884, § 1493; C.L. 1897, § 2143; Code 1915, § 4771; C.S. 1929, § 117-115; 1941 Comp., § 75-120; 1953 Comp., § 70-1-23; 1978 Comp., § 47-1-25, repealed by Laws 2007, ch. 266, § 1.ANNOTATIONSRepeals. — Laws 2007, ch. 266, § 2 repealed 47-1-25 NMSA 1978, as enacted by Laws 1863-1864, p. 54, relating to rights of persons in possession of property under Spanish and Mexican grants, effective June 15, 2007. For provisions of former section, see the 2006 NMSA 1978 on NMOneSource.com.
NM Stat § 47-1-26 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-26 - [Tax assessment or payment in name of nonowner is not cloud on title.]

That the entry of payment of taxes by any person, partnership, corporation or corporations upon tax rolls of any county opposite the assessment of any real estate on the said tax rolls or the entry upon the said tax rolls or any other official tax records in the office of the county assessor or treasurer that taxes upon real estate and improvements thereon have been paid by any person or persons, partnerships, corporations or associations, shall not in themselves without other record evidence of title be or constitute a cloud upon any real estate or improvements thereon, and no title to real estate or improvements thereon shall be unmarketable solely because of the assessment in the name of or payment of taxes by any person or persons, partnership, corporation or association not having right, title or interest in or to such real estate or improvements as shown by the records of the county clerk in the county wherein such property is situate. History: Laws 1937, ch. 140, § 1; 1941 Comp., § 75-122; 1953 Comp., § 70-1-25. ANNOTATIONSCross references. — For quieting title, see 42-6-1 NMSA 1978. Am. Jur. 2d, A.L.R. and C.J.S. references. — 74 C.J.S. Quieting Title § 14.
NM Stat § 47-1-27 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-27 - ["Statutory forms" of conveyance and mortgage of real property.]

The forms set forth in the appendix to this act [47-1-44 NMSA 1978] may be used and shall be sufficient for their respective purposes. They shall be known as "statutory forms" and may be referred to as such. They may be altered as circumstances require, and the authorization of such forms shall not prevent the use of other forms. History: 1941 Comp., § 75-126, enacted by Laws 1947, ch. 203, § 1; 1953 Comp., § 70-1-26. ANNOTATIONSStatutory form does not preclude others. — The legislature has approved the use of a concise statutory mortgage form in Section 47-1-44 NMSA 1978; however, this form does not preclude the use of others. C & L Lumber & Supply, Inc. v. Texas Am. Bank/Galeria, 1990-NMSC-056, 110 N.M. 291, 795 P.2d 502.
NM Stat § 47-1-28 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-28 - [Applicability from effective date of act.]

For the purpose of avoiding the unnecessary use of words in deeds or other instruments relating to real estate whether said statutory form or other form is used, the rules and definitions contained in this act [47-1-27 to 47-1-44 NMSA 1978] shall apply to all such instruments executed or delivered on or after the effective date of this act. History: 1941 Comp., § 75-127, enacted by Laws 1947, ch. 203, § 2; 1953 Comp., § 70-1-27. ANNOTATIONSCompiler's notes. — The phrase "effective date of this act", means June 13, 1947, the effective date of Laws 1947, ch. 203.
NM Stat § 47-1-29 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-29 - ["Warranty deed" effective in fee simple.]

A deed in substance following the form entitled "warranty deed" in the appendix to this act [47-1-44 NMSA 1978] shall, when duly executed, have the force and effect of a deed in fee simple to the grantee, his heirs and assigns, to his and their own use, with covenants on the part of the grantor for himself, his heirs, executors, administrators and successors, with the grantee, his heirs, successors and assigns, as specified in the definition of "warranty covenants" in Section 10 [47-1-37 NMSA 1978] of this act. History: 1941 Comp., § 75-128, enacted by Laws 1947, ch. 203, § 3; 1953 Comp., § 70-1-28. ANNOTATIONSDeed restrictions. — Where the defendant purchased a vacation cabin burdened with deed restrictions, which provided that the property shall be used for dwelling purposes only and that no part of the property shall be used for business or commercial purposes; the defendant rented the cabin for more days than the defendant used the cabin; the defendant received substantial rental fees; and the defendant contracted with a property management company to advertise and manage the rental of the cabin, the rental of the cabin for dwelling purposes was a permitted use under the deed restrictions and was not a use for business or commercial purposes. Mason Family Trust v. DeVaney, 2009-NMCA-048, 146 N.M. 199, 207 P.3d 1176. Law reviews. — For note, "Vendor and Purchaser - Increased Risks of Forfeiture and Malpractice Resulting from the Use of Real Estate Contracts: Albuquerque National Bank v. Albuquerque Ranch Estates, Inc.," see 15 N.M.L. Rev. 99 (1985). Am. Jur. 2d, A.L.R. and C.J.S. references. — 26 C.J.S. Deeds §§ 1, 22.
NM Stat § 47-1-30 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-30 - ["Quitclaim deed" effective in fee simple without warranty.]

A deed in substance following the form entitled "quitclaim deed" shall, when duly executed, have the force and effect of a deed in fee simple to the grantee, his heirs and assigns, to his and their own use of any interest the grantor owns in the premises, without warranty. History: 1941 Comp., § 75-129, enacted by Laws 1947, ch. 203, § 4; 1953 Comp., § 70-1-29. ANNOTATIONSQuitclaim deed conveys all grantor's interest. — In a quiet-title action, appellant's contention that a quitclaim deed executed to appellee by her, her husband and cograntees conveyed only her interest as a spouse in community property, that her individual interest as cotenant in common with her husband and the other cograntees was not conveyed, was found to be erroneous. Appellant conveyed all of her interest in the property by the deed and not two separate and distinct estates in the mining property, to-wit, a community property interest and a separate and distinct interest given to married women by the statute. Waddell v. Bow Corp., 408 F.2d 772 (10th Cir. 1969). Recorded deed is notice that all interest conveyed. — A quitclaim deed of record, where there is nothing in the record to suggest that the deed is not absolute, nor is there anything which would give one notice that less than full consideration has been paid, is notice that the grantor conveys whatever interest he has in the property. A reasonably prudent person is justified in relying on the quitclaim deed. Bingaman v. Cook, 1968-NMSC-187, 79 N.M. 627, 447 P.2d 507. Law reviews. — For note, "Vendor and Purchaser - Increased Risks of Forfeiture and Malpractice Resulting from the Use of Real Estate Contracts: Albuquerque National Bank v. Albuquerque Ranch Estates, Inc.," see 15 N.M.L. Rev. 99 (1985). Am. Jur. 2d, A.L.R. and C.J.S. references. — 23 Am. Jur. 2d Deeds §§ 259 to 264, 272, 273, 338 to 340. 26 C.J.S. Deeds §§ 8, 22.
NM Stat § 47-1-31 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-31 - ["Special warranty deed"; effect.]

A deed in substance following the form entitled "special warranty deed" shall, when duly executed, have the force and effect of a deed in fee simple to the grantee, his heirs and assigns, to his and their own use, with covenants on the part of the grantor, for himself, his heirs, executors, administrators, and successors, with the grantee, his heirs, successors and assigns as specified in the definition of "special warranty covenants" in Section 11 [47-1-38 NMSA 1978] of this act. History: 1941 Comp., § 75-130, enacted by Laws 1947, ch. 203, § 5; 1953 Comp., § 70-1-30. ANNOTATIONSLaw reviews. — For note, "Vendor and Purchaser - Increased Risks of Forfeiture and Malpractice Resulting from the Use of Real Estate Contracts: Albuquerque National Bank v. Albuquerque Ranch Estates, Inc.," see 15 N.M.L. Rev. 99 (1985).
NM Stat § 47-1-32 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-32 - ["Grant" effective as a word of conveyance.]

In a conveyance of real estate the word "grant" shall be a sufficient word of conveyance without the use of the words "give, bargain, sell and convey" and no covenant shall be implied from the use of the word, "grant." History: 1941 Comp., § 75-131, enacted by Laws 1947, ch. 203, § 6; 1953 Comp., § 70-1-31. ANNOTATIONSCross references. — For the use of the words "bargained and sold," see 47-1-14 NMSA 1978. Law reviews. — For article, "Toward Clarification of New Mexico's Real Property Statutes," see 1 Nat. Res. J. 163 (1961).
NM Stat § 47-1-33 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-33 - [Unnecessary terms; construction of deeds or reservations.]

In a conveyance or reservation of real estate the terms, "heirs," "assigns" or other technical words of inheritance shall not be necessary to convey or reserve an estate in fee. A deed or reservation of real estate shall be construed to convey or reserve an estate in fee simple, unless a different intention clearly appears in the deed. History: 1941 Comp., § 75-132, enacted by Laws 1947, ch. 203, § 7; 1953 Comp., § 70-1-32. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 23 Am. Jur. 2d Deeds §§ 221 to 320. Reservation of minerals as including minerals recoverable only by open pit mining, 1 A.L.R.2d 787. Oil or gas "royalty" within language of exception or reservation, 4 A.L.R.2d 492. Sufficiency of description in exception or reservation as to standing timber, 35 A.L.R.2d 1422. Written matter as controlling printed matter in construction of deed, 37 A.L.R.2d 820. Oil and gas as "minerals" within reservation or exception in deed, 37 A.L.R.2d 1440. Relative rights, under deed given to municipality, to minerals, oil, and gas underlying streets, alleys, or parks, 62 A.L.R.2d 1311. Reservation or exception as creating separate and independent legal estate in solid minerals or as passing only incorporeal privilege or license, 66 A.L.R.2d 978. Reservation or exception in deed in favor of stranger, 88 A.L.R.2d 1199. Validity and effect of provision in deed attempting to make reservation or exception in favor of grantor's spouse, 52 A.L.R.3d 753.
NM Stat § 47-1-35 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-35 - [Conveyance or mortgage to joint tenants.]

In a conveyance or mortgage of real estate, the designation of two or more grantees "as joint tenants" shall be construed to mean that the conveyance is to the grantees as joint tenants, and not as tenants in common, and to the survivor of them and the heirs and assigns of the survivor. History: 1941 Comp., § 75-134, enacted by Laws 1947, ch. 203, § 9; 1953 Comp., § 70-1-34. ANNOTATIONSCross references. — For creation of a tenancy in common, see 47-1-15 NMSA 1978.
NM Stat § 47-1-38 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-38 - [Effect of special warranty covenants in conveyances.]

In a conveyance of real estate the words "special warranty covenants" shall have the full force, meaning and effect of the following words: "the grantor for himself, his heirs, executors, administrators and successors, covenants with the grantee, his heirs, successors and assigns that the granted premises are free from all enucumbrances [encumbrances] made by the grantor, and that he will, and his heirs, executors, administrators and successors shall warrant and defend the same to the grantee and his heirs, successors and assigns forever against the lawful claims and demands of all persons claiming by, through or under the grantor, but against none other." History: 1941 Comp., § 75-136, enacted by Laws 1947, ch. 203, § 11; 1953 Comp., § 70-1-36. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.
NM Stat § 47-1-39 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-39 - [Mortgage or deed of trust provisions; effect.]

A deed in substance following the forms entitled "mortgage" or "deed of trust" shall when duly executed have the force and effect of a mortgage or deed of trust by way of mortgage to the use of the mortgagee and his heirs and assigns with mortgage covenants and upon statutory mortgage condition as defined in the following two sections to secure the payment of the money or the performance of any obligation therein specified. The parties may insert in such mortgage any other lawful agreement or condition. History: 1941 Comp., § 75-137, enacted by Laws 1947, ch. 203, § 12; 1953 Comp., § 70-1-37. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 54A Am. Jur. 2d Mortgages § 146 et seq. Priority as between vendor's lien and mortgage or deed of trust to third person furnishing purchase money, 55 A.L.R.2d 1119.
NM Stat § 47-1-42 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-42 - [Sheriff designated as successor trustee.]

It shall be unnecessary to recite in any deed of trust given by way of mortgage that in the case of the resignation, refusal, failure or inability of the trustee named therein at any time to act, the then acting sheriff of the county in which said real estate is situate shall be successor trustee with like powers to those of the named trustee; but the same shall be implied in any such deed of trust unless a contrary intention appears therefrom. History: 1941 Comp., § 75-140, enacted by Laws 1947, ch. 203, § 15; 1953 Comp., § 70-1-40.
NM Stat § 47-1-43 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-43 - [Verb "assign" sufficient to transfer interest.]

In an assignment of a mortgage or deed of trust by way of mortgage of real estate the word "assign" shall be a sufficient word to transfer the mortgage or the beneficial interest under deed of trust, without the words, "transfer and set over." History: 1941 Comp., § 75-141, enacted by Laws 1947, ch. 203, § 16; 1953 Comp., § 70-1-41. ANNOTATIONSAm. Jur. 2d, A.L.R. and C.J.S. references. — 23 Am. Jur. 2d Deeds § 295. 59 C.J.S. Mortgages § 355.
NM Stat § 47-1-47 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-47 - [Recovery of realty donated to state or municipality for specific purposes.]

Whenever real estate has been deeded to the state of New Mexico or any municipality thereof as a gift or donation, and without payment by the state or municipality of any money consideration, said real estate to be used for a specific purpose, and said real estate has not been used for the specific purpose for which it was conveyed, for a period of five years from the date of the original deed, or for a period of five years next preceding the time of the filing of the action herein provided for, it shall be lawful for the donor or donors, or their successors in interest, to institute an action in state district court of the county in which said real estate is situate, against the state of New Mexico or said municipality, for the recovery of said real estate by said donors or their successors in interest, or for the cancellation of said deed or deeds whereby the state or municipality took title, and if the court shall determine that said real estate has not been used for the specific purpose for which it was donated as hereinbefore provided, it shall render judgment decreeing ownership of said real estate in the donors or their successors in interest, or for cancellation of the deeds to said state or municipality. History: 1941 Comp., § 75-124, enacted by Laws 1947, ch. 123, § 1; 1953 Comp., § 70-1-45. ANNOTATIONSLimited to conveyance to be used for specific state purpose. — Section has reference to conveyances of property to be used for state or municipal purposes, the title to remain in the state or municipality. Lord v. City of Santa Fe, 1950-NMSC-035, 54 N.M. 244, 220 P.2d 709. Section not applicable to dedication offers. — This section does not apply to a situation where a plat or map has been filed in the office of the county clerk by the owner of real property which has been subdivided, in which he offers to dedicate the streets shown on the map to the use of the public which offer is subject to acceptance before the dedication is complete. City of Carlsbad v. Neal, 1952-NMSC-063, 56 N.M. 465, 245 P.2d 384.
NM Stat § 47-1-48 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-48 - [Rules applicable; service of process.]

Such an action as provided for in Section 1 [47-1-47 NMSA 1978] hereof shall be governed by the rules of pleading, practice and procedure applying to civil actions. Service of process therein shall be made upon the attorney general of the state of New Mexico for the state of New Mexico, and upon the mayor of the municipality for the municipality, as the case may be. History: 1941 Comp., § 75-125, enacted by Laws 1947, ch. 123, § 2; 1953 Comp., § 70-1-46. ANNOTATIONSCross references. — For service of process in the district courts, see Rule 1-004 NMRA and Civil Forms 4-206, 4-209, 4-209A, and 4-209B NMRA.
NM Stat § 47-1-49 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-49 - New Mexico coordinate system; zones.

The system of plane coordinates which has been established by the national ocean survey and national geodetic survey for defining and stating the positions or locations of points on the surface of the earth within the state of New Mexico shall be known and designated as the "New Mexico coordinate system". As used in Section 47-1-49 through 47-1-56 NMSA 1978, the term "New Mexico coordinate system" includes both the New Mexico coordinate system of 1927 and the New Mexico coordinate system of 1983. For the purpose of the use of this system, the state is divided into an "east zone", "central zone" and a "west zone". The area now included in the following counties shall constitute the east zone: Chaves, Colfax, Curry, DeBaca, Eddy, Guadalupe, Harding, Lea, Mora, Quay, Roosevelt, San Miguel and Union. The area now included in the following counties shall constitute the central zone: Bernalillo, Dona Ana, Lincoln, Otero, Rio Arriba, Sandoval, Santa Fe, Los Alamos, Socorro, Taos, Torrance and Valencia. The area now included in the following counties shall constitute the west zone: Catron, Cibola, Grant, Hidalgo, Luna, McKinley, San Juan and Sierra. History: 1953 Comp., § 70-1-47, enacted by Laws 1957, ch. 147, § 1; 1989, ch. 104, § 1.
NM Stat § 47-1-50 (2021)
2021 New Mexico Statutes|Chapter 47 - Property Law|Article 1 - Conveyances and General Provisions|Section 47-1-50 - Zone designations.

As established for use in the east zone, the New Mexico coordinate system shall be named and in any land description in which it is used it shall be designated the "New Mexico coordinate system of 1927, east zone" or the "New Mexico coordinate system of 1983, east zone". As established for use in the central zone, the New Mexico coordinate system shall be named and in any land description in which it is used it shall be designated the "New Mexico coordinate system of 1927, central zone" or the "New Mexico coordinate system of 1983, central zone". As established for use in the west zone, the New Mexico coordinate system shall be named and in any land description in which it is used it shall be designated the "New Mexico coordinate system of 1927, west zone [zone"] or the "New Mexico coordinate system of 1983, west zone". History: 1953 Comp., § 70-1-48, enacted by Laws 1957, ch. 147, § 2; 1989, ch. 104, § 2. ANNOTATIONSBracketed material. — The bracketed material was inserted by the compiler and is not part of the law.