2014 New Mexico Statutes
Chapter 42 - Actions and Proceedings Relating to Property
Section 4 Ejectment and Recovery of Real Property
Section 42-4-20 Reversionary clause in deed; improvements; liens; waiver of claim.

NM Stat § 42-4-20 (2014) What's This?
42-4-20. [Reversionary clause in deed; improvements; liens; waiver of claim.]
That any and all liens, encumbrances or money claims for improvements on lands, authorized or permitted in ejectment actions or equitable proceedings for the recovery of lands under reversionary provisions contained in deeds to reality [realty], whether heretofore or hereafter claimed, may be waived by instrument in writing executed either before or after the passage and approval of this act [this section]; provided, further, that in no event shall any such liens, encumbrances or claims be asserted by the grantee, his heirs or assigns, as against his grantor, his heirs or assigns, who becomes entitled to possession of such lands under the terms of the reversionary clauses contained in any such deed to realty.
History: Laws 1937, ch. 31, 1; 1941 Comp., 25-820; 1953 Comp., 22-8-20.

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.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.