GroundRules
← Search the law
New Mexico · Through 2024-07-01

48-7-5: [Failure to release; penalty; civil liability.]

Read at publisher ↗
Where this section sits in the code
  1. Chapter 48 - Liens and Mortgages
  2. ARTICLE 7 Mortgages

Any person who shall be guilty of violating the preceding section [48-7-4 NMSA 1978], upon conviction before any justice of the peace [magistrate] or district court having jurisdiction of the same shall be punished by a fine of not less than ten [($10.00)] nor more than twenty-five dollars [($25.00)], and shall be liable in a civil action to the owner of such real estate for all costs of clearing the title to said property including a reasonable attorney's fee.

Collected 2026-09-03T15:02:20Z. Source file · JSON

Browse this collection