New Mexico Statutes
§ 33-1A-4 — Lease terms
New Mexico § 33-1A-4
This text of New Mexico § 33-1A-4 (Lease terms) 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. § 33-1A-4 (2026).
Text
A.Upon expiration of the long-term housing lease, the low-rent housing units constructed pursuant to Chapter 33, Article 1A NMSA 1978 shall become the exclusive property of the state, free of any encumbrances of any kind arising from the construction or leasing of the housing units.
B.The low-rent housing units constructed pursuant to Chapter 33, Article 1A NMSA 1978 shall conform to all applicable building codes, and the plans and specifications for the housing units shall be approved by the facilities management division of the general services department prior to commencement of construction.
C.The state shall be indemnified against any judgment awarding monetary damages due to the construction or safety of the low-rent housing units constructed pursuant to Chapter 33, Article 1A NMS
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Legislative History
Laws 1983, ch. 186, § 4; 2013, ch. 115, § 27.
Nearby Sections
15
§ 33-1-1
Short title§ 33-1-11
Correctional officer qualifications§ 33-1-17
Private contract§ 33-1-18
Funds created§ 33-1-19
Use of funds§ 33-1-2
Definitions§ 33-1-20
Transfers authorized§ 33-1-3
Purpose§ 33-1-4
RepealedCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 33-1A-4, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/33/33-1A-4.