As used in Sections 73-14-18 through 73-14-30 N.M. Stat. Ann.:

Terms Used In New Mexico Statutes 73-14-20

  • Appraisal: A determination of property value.
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.

A. “benefited area” means that area described by a property appraisal that receives a benefit as a result of the creation of a district for any of the purposes specified in Section 73-14-4 N.M. Stat. Ann.;

B. “list compiler” means a contractor approved by the board of directors to compile and produce a qualified elector list for a conservancy district;

C. “qualified elector” means an individual who owns real property within the benefited area of the conservancy district and who has provided proof of an ownership interest to one of the sources specified in Subsection B of Section 73-14-20.1 N.M. Stat. Ann. within the required time period, or who resides on and owns legal or equitable title in tribal lands and who is over the age of majority;

D. “qualified elector’s list” means the list compiled before each election that contains the individual names of all qualified electors; and

E. “residence” means a dwelling that lies partially or completely within the benefited area.

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