New Mexico Statutes
§ 42-10-10 — Exemption in lieu of homestead
Any resident of this state who does not own a homestead shall in addition to other exemptions hold exempt real or personal property in the amount of fifteen thousand dollars ($15,000) in lieu of the homestead exemption.
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Legislative History
1953 Comp., § 24-6-2, enacted by Laws 1971, ch. 215, § 7; 1978 Comp., § 42-
Nearby Sections
15
§ 42-1-40
Recompiled§ 42-10-1
Exemptions§ 42-10-10
Exemption in lieu of homestead§ 42-10-11
When homestead exemption does not apply§ 42-10-12
Repealed§ 42-10-13
Claim of exemption or priority§ 42-10-14
Cost-of-living adjustments§ 42-10-2
Repealed§ 42-10-4
Benevolent associations; benefits§ 42-10-5
[Life insurance proceeds.]§ 42-10-7
Taxes excepted§ 42-10-8
Repealed§ 42-10-9
Homestead exemption