{"data":{"id":"us-nm/3-33-27","jurisdiction":"us-nm","citation":"3-33-27","heading":"Improvement district; acceptance of deed in lieu of foreclosure.","body":"In lieu of the foreclosure of a lien against any tract or parcel of land which is delinquent in the payment of an assessment or installment of an assessment for a period of more than one year, a municipality may accept a deed to the property subject to the lien if the owner of the property tenders the deed to the municipality.","path":["Chapter 3 - Municipalities","ARTICLE 33 Improvement Districts"],"source_url":"https://nmonesource.com/nmos/nmsa-unanno/en/item/18504/index.do","current_through":"2026-07-01","vintage":"","retrieved_at":"2026-09-03T15:02:19Z","sha256":"953c8a385e182da0b869ef0a4b6595310426e5969a1f8208c467b6912db3d652","source_id":"us-nm","stale":false,"prev":"us-nm/3-33-26","next":"us-nm/3-33-28"},"notice":"GroundRules: Original legal text. Not legal advice."}