§ 48-2-1 “Lien” defined
§ 48-2-2 Mechanics and materialmen; lien; labor, equipment and materials furnished; definition of agent of owner
§ 48-2-2.1 Procedure for perfecting certain mechanics’ and materialmen’s liens
§ 48-2-3 Improvement of city or town lot or street; lien on lot
§ 48-2-4 Lien covers improvements and land
§ 48-2-5 Preference over other encumbrances
§ 48-2-6 Time for filing lien claim; contents
§ 48-2-7 Claims against two or more buildings or improvements; statement of amount due; loss of preference
§ 48-2-8 Recording of liens; indexing; fees
§ 48-2-9 Petition to cancel lien; security
§ 48-2-10 Limitation of action to enforce
§ 48-2-11 Construction with knowledge of owner subjects land to lien; notice by owner of nonresponsibility
§ 48-2-12 Contractor liable for liens of subcontractors
§ 48-2-13 Rank of liens; order of payment
§ 48-2-14 Joinder of actions; attorney fees; costs
§ 48-2-15 Materials exempt from attachment or execution for purchaser’s debts
§ 48-2-16 Personal action for recovery of debt not affected
§ 48-2-17 Contractors; workmen’s compensation insurance premiums; rights against performance bond

Terms Used In New Mexico Statutes > Chapter 48 > Article 2

  • Attachment: A procedure by which a person's property is seized to pay judgments levied by the court.
  • Contract: A legal written agreement that becomes binding when signed.
  • Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • 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.
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
  • Oath: A promise to tell the truth.
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.