The sale of trust real estate by the trustee under a deed of trust shall be made or any action to foreclose a deed of trust as provided by law for the foreclosure of mortgages on real estate shall be commenced within the period prescribed by law for the commencement of an action on the contract secured by the deed of trust.
§ 48-10-19 NMSA 1978
Limitation on action or sale of trust real estate
Known as the Deed of Trust Act
The act spans §§ 48–48 (21 sections).
Laws 1987, ch. 61, § 19.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.