[Rights of purchaser upon redemption; growing crops; rents and profits; waste.]

Checkout our iOS App for a better way to browser and research.

Whenever any property shall be redeemed under the terms or provisions of any section of this act [39-5-17 to 39-5-23 NMSA 1978], the purchaser, his personal representatives or assigns shall have the growing crops upon such lands and shall not be responsible for rents and profits, but shall account only for waste.

History: Laws 1931, ch. 149, § 5; 1941 Comp., § 21-222; 1953 Comp., § 24-2-22.

ANNOTATIONS

Cross references. — For retention of growing crops where foreclosure commences after March 15, see 39-5-16 NMSA 1978.

Am. Jur. 2d, A.L.R. and C.J.S. references. — 30 Am. Jur. 2d Executions § 447 et seq.

Crops: right in respect of crops grown during period of redemption after judicial or execution sale, 66 A.L.R. 1420.


Download our app to see the most-to-date content.