There Is a Newer Version
of
the New Mexico Statutes
2011 New Mexico Statutes
Chapter 7: Taxation
Article 36: Valuation of Property, 7-36-1 through 7-36-33
Section 7-36-18: Collection and publication of property valuation data.
Universal Citation:
NM Stat § 7-36-18 (1996 through 1st Sess 50th Legis)
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7-36-18. Collection and publication of property valuation data.
To promote uniformity and measure overall compliance by each county with the Property Tax Code [Articles 35 to 38 of Chapter 7 NMSA 1978] and department valuation regulations, orders, rulings, instructions, schedules and other directives, the department shall prepare and publish annually comprehensive sales-ratio studies comparing the values of property determined for property taxation purposes by each county assessor with the values of the same property as established by sales prices.
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