New Mexico Statutes
§ 48-12-2 — Definitions
As used in the Commercial Real Estate Broker Lien Act: A. "broker" means a person licensed as a qualifying broker under the provisions of Chapter 61, Article 29 NMSA 1978; and B. "commercial real estate" means any real estate other than:
(1)real estate on which no buildings or structures are located and that is zoned for single-family residential use; or (2) real estate containing one or more single-family residential units, including apartments, condominiums, town houses or homes in a subdivision when sold, leased or otherwise conveyed on a unit-by-unit basis.
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Legislative History
Laws 2014, ch. 38, § 2.
Nearby Sections
15
§ 48-1-1
Federal lien; place of filing§ 48-1-3
Duties of filing officer§ 48-1-4
Repealed§ 48-1-5
Uniformity of interpretation§ 48-1-6
Short title§ 48-10-1
Short title§ 48-10-11
Notice of trustee's sale§ 48-10-14
Payment of bid; trustee's deed§ 48-10-15
Disposition of proceeds of sale§ 48-10-16
Redemption