New Mexico Administrative Code
Title 3 - TAXATION
Chapter 6 - PROPERTY TAXES
Part 7 - ADMINISTRATIVE PROVISIONS
Section 3.6.7.69 - NOTIFICATION TO PROPERTY OWNER OF DELINQUENT TAXES
Current through Register Vol. 35, No. 18, September 24, 2024
A. FORM OF NOTIFICATION TO PROPERTY OWNER OF TRANSFER OF DELINQUENT ACCOUNT: The notice of transfer of delinquent account shall be in substantially the following form but the form may contain additional information including, but not limited to, a statement as to the full amount of taxes owed on the property for years other than the delinquent year:
NOTICE TO PROPERTY OWNER OF
TRANSFER OF DELINQUENT ACCOUNT
TO: (Name and address of property owner or any person other than the owner to whom the tax bill was sent)
You are hereby notified by the _______________________ county treasurer that property taxes upon the following described property in the following amounts for the ________________ tax year became delinquent on ______________________; and that the taxes have been delinquent for more than one (2) years. Pursuant to Sections 7-38-61 and 7-38-62 NMSA 1978, this delinquent account is hereby transferred as of July 1 for collection to the Property Tax Division, Manuel Lujan, Sr. Building, Santa Fe, New Mexico 87504-0630, phone (505) 827-0876. Payment shall be made to the _______________________ county treasurer as agent for collection of this account pursuant to Section 6.3.7.71 NMAC.
Delinquent Account No. ____________ School District No. ___________
Property description and code no. (include location, vehicle registration "MH" number and vehicle identification number if a manufactured home):
_________________________________________________________________
_________________________________________________________________
_________________________________________________________________
_________________________________________________________________
| Tax Year | Amount of Tax Due | Interest Due | Penalty Due | Total |
| 20___ | ________ | ________ | ________ | _________ |
| 20___ | ________ | ________ | ________ | _________ |
| 20___ | ________ | ________ | ________ | _________ |
| 20___ | ________ | ________ | ________ | _________ |
| 20___ | ________ | ________ | ________ | _________ |
Total due for all years . . . . . . . . . . . . . . . __________
Due by: ___________, otherwise, additional interest and penalty will accrue.
INTEREST
Pursuant to 7-38-49 NMSA 1978, if property taxes are not paid for any reason within thirty (30) days after the date they are due, interest on the unpaid taxes shall accrue from the thirtieth day after they are due until the date they are paid. Interest shall accrue at the rate of one percent (1%) a month or any fraction of a month.
PENALTY
Pursuant to 7-38-50 NMSA 1978, if property taxes become delinquent, a penalty of one percent (1%) of the delinquent taxes for each month or any portion of a month they remain unpaid shall be im-posed, but the total penalty shall not exceed five percent (5%) of the delinquent taxes except that, when the penalty determined under the forgoing provisions of this subsection is less than five dollars ($5.00), the penalty to be imposed shall be five dollars ($5.00). A county may suspend for a particular tax year application of the minimum penalty requirements of Section 7-38-60 NMSA 1978 by resolution of its county commissioners adopted not later than September 1 of that tax year.
If property taxes became delinquent because of an intent to defraud by the property owner, fifty percent (50%) of the property taxes due or fifty dollars ($50.00), whichever is greater, shall be added as a penalty.
REAL PROPERTY
Pursuant to 7-38-65 NMSA 1978, if the property taxes due on real property are not paid within three (3) years from the date of delinquency, the real property will be sold and a deed issued by the property tax division of the New Mexico taxation and revenue department.
PERSONAL PROPERTY
Pursuant to 7-38-53 NMSA 1978, if property taxes due on personal property are not paid, the personal property may be seized and sold by the division, at any time, for taxes under authority of a demand warrant.
Until sale, property listed on the property tax delinquency list will continue to be assessed and taxed to its owner in the same manner as it would be if it were not listed on the property tax delinquency list.
Date ______________ County Treasurer ___________________________________
B. LIABILITY FOR TAX ON PROPERTY LISTED ON THE PROPERTY TAX DELINQUENCY LIST: Until sale, property listed on the property tax delinquency list will continue to be assessed and taxed to its owner in the same manner as it would be if it were not listed on the property tax delinquency list.
