New Mexico Statutes
§ 48-7-18 — Real property loan contract controls
New Mexico § 48-7-18
This text of New Mexico § 48-7-18 (Real property loan contract controls) 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. § 48-7-18 (2026).
Text
Except as otherwise provided in Sections 5 and 6 [48-7-19, 48-7-20 NMSA 1978] of this act, the exercise by the lender of its option pursuant to a due-on-sale clause shall be exclusively governed by the terms of the loan contract, and all rights and remedies of the lender and the borrower shall be fixed and governed by the contract.
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Legislative History
Laws 1983, ch. 314, § 4.
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Repealed§ 48-1-5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 § 48-7-18, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/48/48-7-18.