New Mexico Statutes
§ 39-5-19 — Application; shorter redemption period
This section and Section 39-5-18 NMSA 1978 do not apply to any foreclosure sale made before the effective date of this section. The parties to any such instrument may, by its terms, shorten the redemption period to not less than one month, but the district court may in such cases, upon a sufficient showing before judgment that redemption will be effected, increase the period of redemption to not to exceed nine months notwithstanding the terms of such instrument.
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Legislative History
1953 Comp., § 24-2-19.1, enacted by Laws 1957, ch. 109, § 2; 1965, ch. 224,
Nearby Sections
15
§ 39-1-10
[Subject of judgment by confession.]§ 39-1-11
[Form of confession of judgment.]§ 39-1-15
[Affidavit of good faith.]§ 39-1-19
Repealed§ 39-1-20
Execution after judgment§ 39-1-3
[Death of party after verdict.]