All property, both real and personal, exempt from execution under the laws of this state shall not be conveyed by the deed of assignment, and if enumerated therein shall not pass to the assignee, but shall be reserved for the benefit of the assignor, or his family, to be set off and appraised by the appraiser mentioned in the first part of this chapter.

Terms Used In New Mexico Statutes 56-9-44

  • Deed: The legal instrument used to transfer title in real property from one person to another.