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2014 New Mexico Statutes
Chapter 48 - Liens and Mortgages
Section 7 Mortgages
Section 48-7-5 Failure to release; penalty; civil liability.

NM Stat § 48-7-5 (2014) What's This?
48-7-5. [Failure to release; penalty; civil liability.]
Any person who shall be guilty of violating the preceding section [48-7-4 NMSA 1978], upon conviction before any justice of the peace [magistrate] or district court having jurisdiction of the same shall be punished by a fine of not less than ten [($10.00)] nor more than twenty-five dollars [($25.00)], and shall be liable in a civil action to the owner of such real estate for all costs of clearing the title to said property including a reasonable attorney's fee.
History: Laws 1909, ch. 51, 2; Code 1915, 4777; C.S. 1929, 117-121; 1941 Comp., 63-405; 1953 Comp., 61-7-5.

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