New Mexico Statutes

§ 48-2A-4 — Requirements for disclosure; owners and construction

New Mexico·Ch. 48 Liens and Mortgages·Art. 2A Stop Notice Act

lenders. A. In every instance where an original contractor proposes to contract with a subcontractor or materialman or both for any site improvement, the original contractor shall inform the subcontractor and materialman of:

(1)the name and address of the owner of the residential site;
(2)the name and address of the construction lender lending the funds, if any, and the loan officer who actually made the construction loan, if any, for the site improvement; and (3) the accurate legal description of the residential site, if available, however in all cases a description of the residential site sufficient for identification. B. Where a subcontractor contracts with another subcontractor for labor or a materialman to provide materials for any site improvement, he shall, upon request, inform th

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Legislative History

Laws 1989, ch. 301, § 4.

Nearby Sections

15
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