New Mexico Statutes

§ 48-12-3 — Broker’s lien for compensation for services; requirements

New Mexico § 48-12-3
JurisdictionNew Mexico
Ch. 48Liens and Mortgages
Art. 12Commercial Real Estate Broker Liens

This text of New Mexico § 48-12-3 (Broker’s lien for compensation for services; requirements) 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. § 48-12-3 (2026).

Text

A broker shall have a lien upon commercial real estate or any interest in commercial real estate in the amount that the broker is due for licensed services connected with the leasing of the commercial real estate, if the broker: A. is entitled to a stated fee or commission provided in a written instrument that:

(1)identifies the commercial real estate;
(2)sets forth the fee or commission due and the date or dates or the circumstances under which the fee or commission is due; and (3) is signed by the owner of the commercial real estate or the owner's authorized agent; and B. records a notice of lien on the commercial real estate pursuant to Section 4 [48- 12-4 NMSA 1978] of the Commercial Real Estate Broker Lien Act. Such lien shall only be valid against the commercial real estate identif

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Legislative History

Laws 2014, ch. 38, § 3.

Nearby Sections

15
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Cite This Page — Counsel Stack

Bluebook (online)
New Mexico § 48-12-3, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/48/48-12-3.