New Mexico Statutes
§ 19-8-3 — [Lessee's preferential right to renew or purchase; notice to
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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New Mexico § 19-8-3 ([Lessee's preferential right to renew or purchase; notice to) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Laws 1912, ch. 82, § 39; Code 1915, § 5216; C.S. 1929, § 132-139; 1941
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