48-7-17: Due-on-sale generally enforceable.
Where this section sits in the code
- Chapter 48 - Liens and Mortgages
- ARTICLE 7 Mortgages
Notwithstanding any provision of the statutory or common laws of this state to the contrary, a lender may enter into or enforce a contract containing a due-on-sale clause with respect to a real property loan, except as provided in Sections 5 and 6 [48-7-19, 48-7-20 NMSA 1978] of this act.
Collected 2026-09-03T15:02:20Z. Source file · JSON