New Mexico Statutes

§ 45-2-606 — Nonademption of specific devises; unpaid proceeds of

New Mexico·Ch. 45 Uniform Probate Code·Art. 2 Intestate Succession and Wills

sale, condemnation or insurance; sale by conservator or agent. A. A specific devisee has a right to specifically devised property in the testator's estate at the testator's death and:

(1)any balance of the purchase price, together with any security agreement, owed by a purchaser at the testator's death by reason of sale of the property;
(2)any amount of a condemnation award for the taking of the property unpaid at death;
(3)any proceeds unpaid at death on fire or casualty insurance on or other recovery for injury to the property;
(4)any property owned by the testator at death and acquired as a result of foreclosure or obtained in lieu of foreclosure of the security interest for specifically devised obligation;
(5)any real property or tangible personal property owned by the testator at

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Legislative History

1953 Comp., § 32A-2-606, enacted by Laws 1975, ch. 257, § 2-606; repealed

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