§ 45-2-1101 Short title
§ 45-2-1102 Definitions
§ 45-2-1103 Scope
§ 45-2-1104 Uniform Disclaimer of Property Interests Act supplemented by other law
§ 45-2-1105 Power to disclaim; general requirements; when irrevocable
§ 45-2-1106 Disclaimer of interest in property
§ 45-2-1107 Disclaimer of rights of survivorship in jointly held property
§ 45-2-1108 Disclaimer of interest by trustee
§ 45-2-1109 Disclaimer of power of appointment or other power not held in fiduciary capacity
§ 45-2-1110 Disclaimer by appointee, object or taker in default of exercise of power of appointment
§ 45-2-1111 Disclaimer of power held in fiduciary capacity
§ 45-2-1112 Delivery or filing
§ 45-2-1113 When disclaimer barred or limited
§ 45-2-1114 Tax qualified disclaimer
§ 45-2-1115 Recording of disclaimer
§ 45-2-1116 Application to existing relationships
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Terms Used In New Mexico Statutes > Chapter 45 > Article 2 > Part 11

  • Affidavit: A written statement of facts confirmed by the oath of the party making it, before a notary or officer having authority to administer oaths.
  • Annuity: A periodic (usually annual) payment of a fixed sum of money for either the life of the recipient or for a fixed number of years. A series of payments under a contract from an insurance company, a trust company, or an individual. Annuity payments are made at regular intervals over a period of more than one full year.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • Beneficiary: A person who is entitled to receive the benefits or proceeds of a will, trust, insurance policy, retirement plan, annuity, or other contract. Source: OCC
  • Conviction: A judgement of guilt against a criminal defendant.
  • Decedent: A deceased person.
  • Fiduciary: A trustee, executor, or administrator.
  • Inter vivos: Transfer of property from one living person to another living person.
  • Intestate: Dying without leaving a will.
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Oath: A promise to tell the truth.
  • Personal property: All property that is not real property.
  • Power of attorney: A written instrument which authorizes one person to act as another's agent or attorney. The power of attorney may be for a definite, specific act, or it may be general in nature. The terms of the written power of attorney may specify when it will expire. If not, the power of attorney usually expires when the person granting it dies. Source: OCC
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Revocable trust: A trust agreement that can be canceled, rescinded, revoked, or repealed by the grantor (person who establishes the trust).
  • Service of process: The service of writs or summonses to the appropriate party.
  • Statute: A law passed by a legislature.
  • Trustee: A person or institution holding and administering property in trust.