2011 New Mexico Statutes
Chapter 19: Public Lands
Article 4: Townsites, 19-4-1 through 19-4-42
Section 19-4-4: Title to townsite vested in probate judge in trust; suit to determine rights; execution of deeds.
19-4-40. [Preference right of possessor to purchase.]
In all cases where such unsold, undisposed of and unconveyed lots, blocks, parts or parcels of land are in the possession of any person, persons, company, companies, corporation or corporations, such person, persons, company, companies, corporation or corporations shall have the right to purchase the lands at private sale for the appraised value thereof and the probate judge must make and execute to such person, persons, company, companies, corporation or corporations, a proper deed therefor upon the payment to him of the purchase price.
Disclaimer: These codes may not be the most recent version. New Mexico may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
