New Mexico Statutes 47-3-5. Prior rights unaffected
Current as of: 2023 | Check for updates
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Nothing in the Solar Rights Act shall be construed to alter, amend, deny, impair or modify any solar right, lease, easement or contract right which has vested prior to the effective date of the Solar Rights Act.
Terms Used In New Mexico Statutes 47-3-5
- Contract: A legal written agreement that becomes binding when signed.
- Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC