New Mexico Statutes 40-2-6. [Effect of recording or failure to record settlement or separation contract.]
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The recording or nonrecording of such contract has a like effect as the recording or nonrecording of a grant of real property.
Terms Used In New Mexico Statutes 40-2-6
- Contract: A legal written agreement that becomes binding when signed.
- Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.