N.M. Stat. § 45-2-910

Current through 2024, ch. 69

Section 45-2-910 - Lease to commence in the future

A lease of real property to commence at a time certain or upon the occurrence or nonoccurrence of a future event becomes invalid if its term does not actually commence in possession within thirty years after its execution.

NMS § 45-2-910

1978 Comp., § 45-2-910, enacted by Laws 2011, ch. 124, § 37.

Added by 2011, c. 124,s. 37, eff. 1/1/2012.