There is a newer version of the New Mexico Statutes
2014 New Mexico Statutes
Chapter 48 - Liens and Mortgages
Section 7 Mortgages
Section 48-7-1 Right of possession.
NM Stat § 48-7-1 (2014) What's This?
48-7-1. Right of possession.
In the absence of stipulation to the contrary, the mortgagor of real poperty [property] shall have the right of possession.
History: Laws 1876, ch. 36, 8; C.L. 1884, 1593; C.L. 1897, 2365; Code 1915, 571; 1941 Comp., 63-401; 1953 Comp., 61-7-1; Laws 1961, ch. 96, 11-116.
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