2011 New Mexico Statutes
Chapter 48: Liens and Mortgages
Article 10: Deeds of Trust, 48-10-1 through 48-10-21
Section 48-10-5: Description of trust real estate; mailing address of trustor, beneficiary and trustee.


NM Stat § 48-10-5 (1996 through 1st Sess 50th Legis) What's This?

48-10-5. Description of trust real estate; mailing address of trustor, beneficiary and trustee.

A. In deeds of trust the legal description of trust real estate shall be given by one of the following methods:

(1) by the use of lot, block, tract or parcel as provided in a recorded subdivision plat;

(2) by the use of a metes and bounds or course and distance survey;

(3) by the use of the governmental rectangular survey system with specific identification of the location within any section or sections, tract or tracts, of a township and range; or

(4) by the use of any other method of description provided by law.

B. If the trust real estate is the subject of a recorded subdivision plat, the legal description of the trust real estate shall be given by the use of lot, block, tract or parcel as shown on the recorded subdivision plat.

C. The mailing address of each trustor, beneficiary and trustee shall be specified in each deed of trust.

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