New Mexico Statutes 69-3-29. [Terminating lease without notice; liability in damages;
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forfeiture of lease.] The lessor and the mine upon which any lease is terminated without such thirty days’ notice, shall be liable to the lessee for all damages resulting from such termination: provided, that nothing in this or the preceding section [69-3-28 N.M. Stat. Ann.] shall prevent the forfeiture and termination of any such lease without such notice when the lessee is working the leased ground in such manner as to damage the property.
Terms Used In New Mexico Statutes 69-3-29
- Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
- 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