New Mexico Statutes
§ 48-7-17 — Due-on-sale generally enforceable
New Mexico § 48-7-17
This text of New Mexico § 48-7-17 (Due-on-sale generally enforceable) 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. § 48-7-17 (2026).
Text
Notwithstanding any provision of the statutory or common laws of this state to the contrary, a lender may enter into or enforce a contract containing a due-on-sale clause with respect to a real property loan, except as provided in Sections 5 and 6 [48-7-19, 48-7-20 NMSA 1978] of this act.
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Legislative History
Laws 1983, ch. 314, § 3.
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Repealed§ 48-1-5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
RedemptionCite This Page — Counsel Stack
Bluebook (online)
New Mexico § 48-7-17, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/48/48-7-17.