The assignee of or any successor to the right of reentry, forfeiture and reversion for breach or violation of condition or conditions subsequent, is hereby given upon such assignment, all of the rights and privileges of the original grantor for the enforcement of reentry, forfeiture and reversion when any such condition or conditions subsequent shall have been breached or broken, including all legal and equitable remedies for the judicial enforcement of such right or rights.
History: Laws 1937, ch. 4, § 2; 1941 Comp., § 75-119; 1953 Comp., § 70-1-22.
ANNOTATIONSPossibility of reverter comes within section and is an alienable contingent reversionary interest. Prince v. Charles Ilfeld Co., 1963-NMSC-135, 72 N.M. 351, 383 P.2d 827.
Law reviews. — For article, "Toward Clarification of New Mexico's Real Property Statutes," see 1 Nat. Res. J. 163 (1961).