2011 New Mexico Statutes
Chapter 47: Property Law
Article 8: Owner-Resident Relations, 47-8-1 through 47-8-52
Section 47-8-12: Inequitable agreement provision.


NM Stat § 47-8-12 (1996 through 1st Sess 50th Legis) What's This?

47-8-12. Inequitable agreement provision.

A. If the court, as a matter of law, finds that any provision of a rental agreement was inequitable when made, the court may limit the application of such inequitable provisions to avoid an inequitable result.

B. If inequitability is put into issue by a party to the rental agreement, the parties to the rental agreement shall be afforded a reasonable opportunity to present evidence as to the setting, purpose and effect of the rental agreement, or settlement, to aid the court in making determination.

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