New Mexico § 7-38-21.1 Protests; state-assessed property; election of remedies

New Mexico Statutes

§ 7-38-21.1 — Protests; state-assessed property; election of remedies

New Mexico § 7-38-21.1

Ch. 7Taxation

Art. 38Administration and Enforcement of Property Taxes

This text of New Mexico § 7-38-21.1 (Protests; state-assessed property; election of remedies) 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. § 7-38-21.1 (2026).

Text

A. A property owner may protest the value or classification determined by the department for the property owner's property for property taxation purposes, the allocation of value of the property to a particular governmental unit or a denial of a claim for an exemption by:

(1)filing a petition of protest with the administrative hearings office, as provided in the Property Tax Code; or (2) filing a claim for refund with a district court after paying the property owner's taxes as provided in the Property Tax Code. B. The initiation of a protest under Paragraph (1) of Subsection A of this section is an election to pursue that remedy and is an unconditional and irrevocable waiver of the right to pursue the alternative remedy provided in Paragraph (2) of Subsection A of this section.

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A. A property owner may protest the value or classification determined by the department for the property owner's property for property taxation purposes, the allocation of value of the property to a particular governmental unit or a denial of a claim for an exemption by: (1) filing a petition of protest with the administrative hearings office, as provided in the Property Tax Code; or (2) filing a claim for refund with a district court after paying the property owner's taxes as provided in the Property Tax Code. B. The initiation of a protest under Paragraph (1) of Subsection A of this section is an election to pursue that remedy and is an unconditional and irrevocable waiver of the right to pursue the alternative remedy provided in Paragraph (2) of Subsection A of this section.