New Mexico Administrative Code
Title 3 - TAXATION
Chapter 6 - PROPERTY TAXES
Part 50 - PROCEDURES FOR COUNTY TREASURERS
Section 3.6.50.17 - SALE OF REAL PROPERTY FOR DELINQUENT TAXES
Current through Register Vol. 35, No. 18, September 24, 2024
Section 7-38-66 NMSA 1978 states the taxpayer must show proof of the following to prevent or invalidate a sale:
A. All delinquent taxes, penalties, interest and costs had been paid prior to the date of sale shall prevent or invalidate the sale. The treasurers office must be in possession of the funds prior to the time of the sale or the payment must be postmarked prior to the date of the sale.
B. The taxpayer has entered into a written installment agreement to pay all delinquent taxes, penalties, interest and costs prior to the date of sale as provided in Section 7-38-68 NMSA 1978 and that payments are being made in accordance with the terms of such agreement. The installment agreement must be signed by both parties at least the day prior to the date of sale.