New Mexico Statutes
§ 19-8-3 — [Lessee's preferential right to renew or purchase; notice to
New Mexico § 19-8-3
This text of New Mexico § 19-8-3 ([Lessee's preferential right to renew or purchase; notice to) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
N.M. Stat. Ann. § 19-8-3 (2026).
Text
vacate when another purchases.] Any lessee of such mineral lands, or the heirs, successors or assigns of such lessee, shall have a preferential right to a renewal lease, or to purchase during the life of such lease, provided all terms and conditions of the expiring lease shall have been fully performed. In case of purchase by another, one year's notice to vacate shall be given to the lessee.
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Legislative History
Laws 1912, ch. 82, § 39; Code 1915, § 5216; C.S. 1929, § 132-139; 1941
Nearby Sections
15
§ 19-1-1.4
State land trusts advisory board; duties§ 19-1-15
Repealed§ 19-1-18
Sources of special fundsCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 19-8-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/19/19-8-3.