New Mexico Administrative Code › Title 3 - TAXATION › Chapter 6 - PROPERTY TAXES › Part 7 - ADMINISTRATIVE PROVISIONS › Section 3.6.7.60 - FORM OF NOTIFICATION TO PROPERTY OWNER OF DELINQUENT PROPERTY TAXES

Current through Register Vol. 35, No. 13, July 16, 2024
The notification of property owners that property taxes are
				  delinquent shall be in substantially the following form and contain the
				  following information. Additional information, including but not limited to,
				  signature of the treasurer may be included in the form.
NOTICE OF DELINQUENT TAXES
TO: (Name of property owner or any person other than the
				  owner to whom the tax bill was sent)
Your are hereby notified by the ___________________________
				  county treasurer that property taxes upon the following described property in
				  the following amounts became delinquent on __________________________:
Property description and code no. (include location, vehicle
				  registration ("MH") number and vehicle identification number if a manufactured
				  home)
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
___________________________________________________________________________
Amount of tax due EQ \O($,_)___________
Interest due ____________
Penalty due ____________
Total amount due if paid ____________
(If not paid by ___________, additional interest and penalty
				  will accrue.)
INTEREST
Pursuant to
				  7-38-49
				  NMSA 1978, if property taxes are not paid for any reason within thirty (30)
				  days after the date they are due, interest on the unpaid taxes shall accrue
				  from the thirtieth day after they are due until the date they are paid.
				  Interest shall accrue at the rate of one percent (1%) a month or any fraction
				  of a month.
PENALTY
Pursuant to
				  7-38-50
				  NMSA 1978, if property taxes become delinquent, a penalty of one percent (1%)
				  of the delinquent taxes for each month or any portion of a month they remain
				  unpaid shall be imposed, but the total penalty shall not exceed five percent
				  (5%) of the delinquent taxes, except that, when the penalty determined under
				  the foregoing provisions is less than five dollars ($5.00), the penalty to be
				  imposed shall be five dollars ($5.00). A county may suspend for a particular
				  tax year application of the minimum penalty requirements by resolution of its
				  county commissioners adopted not later than September 1 of that tax
				  year.
If property taxes become delinquent because of an intent to
				  defraud by the property owner, fifty percent (50%) of the property taxes due or
				  fifty dollars ($50.00), whichever is greater, shall be added as a
				  penalty.
COLLECTION TRANSFERRED TO PROPERTY TAX DIVISION
If the delinquent tax interest and penalties are not paid by
				  July 1 of the year following the year in which the taxes have been delinquent
				  for more than two years, this property will be placed on a tax delinquency list
				  and forwarded to the property tax division for collection.
REAL PROPERTY
Pursuant to
				  7-38-65
				  NMSA 1978, if the property taxes due on real property are not paid within three
				  (3) years from the date of delinquency, the real property will be sold and a
				  deed issued by the property tax division of the New Mexico taxation and revenue
				  department.
PERSONAL PROPERTY
Pursuant to
				  7-38-53
				  NMSA 1978, if property taxes due on personal property are not paid, the
				  personal property may be seized and sold for taxes under authority of a demand
				  warrant.
Pursuant to
				  7-38-52
				  NMSA 1978, a copy of the delinquency notice of unpaid taxes on a manufactured
				  home was sent to the motor vehicle division of the taxation and revenue
				  department. Upon receipt and filing of the notice by the motor vehicle
				  division, the unpaid taxes, penalty and interest constitute a security interest
				  in and a lien on the vehicle in accordance with Section
				  66-3-204
				  NMSA 1978.