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New Mexico Statutes 48-2-13. Rank of liens; order of payment

New Mexico Statutes > Chapter 48 > Article 2 > § 48-2-13 - Rank of liens; order of payment


Current as of: 2010

In every case in which different liens are asserted against any property, the court in the judgment must declare the rank of each lien, or class of liens, which shall be in the following order, viz:

A. all persons other than the original contractors and subcontractor;

B. the subcontractors;

C. the original contractors.

And the proceeds of the sale of the property must be applied to each lien, or class of liens, in the order of its rank, and whenever, on the sale of the property subject to the lien, there is a deficiency of proceeds, judgment may be docketed for the deficiency in like manner, and with like effect as in actions for the foreclosure of mortgages.

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Questions & Answers: Mechanics Liens

What are my writes? Had my van towed. To a auto shop to find out why it did not run. Did not was told why it did not run and how much it would cost to repair. The shop repaired....
I hired a guy to put in a driveway for $4000. I paid him when the work was completed. 9 days later a person claiming to be a subcontractor said the person I hired to do the work d...
David, You don't mention what state you're in, but most states allow subcontractors to place a lien if they are unpaid by the general contractor. Basically, you need to contact th...
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A lien on my home in Utah was filed in 2010 but no court action has been taken in court. Can I file as request for release on this lien? Can I file to charge the contractor for f...
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See also:

New Mexico Statutes Chapter 48 > Article 2 - Mechanics' and Materialmen's Liens

Related Articles: Mechanics Liens

 Mechanic's Liens
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