§ 45-2-908 Definitions
§ 45-2-909 Interest in real property
§ 45-2-910 Lease to commence in the future
§ 45-2-911 Nonvested easement
§ 45-2-912 Possibility of reverter, right of entry, executory interest
§ 45-2-913 Exclusions
§ 45-2-914 Application

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Terms Used In New Mexico Statutes > Chapter 45 > Article 2 > Part 9 > SUBPART 3.

  • Charity: An agency, institution, or organization in existence and operating for the benefit of an indefinite number of persons and conducted for educational, religious, scientific, medical, or other beneficent purposes.
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • 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.
  • 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
  • Personal property: All property that is not real property.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.