NMSA 1978, § 7-38-13 — 7-38-13

Statement of decrease in value of property subject to local
valuation.

# A.

No later than the last day of February of a tax year, any owner of property subject
to valuation by the county assessor who believes that the value of his property has
decreased in the previous tax year may file with the county assessor a signed statement
describing the property affected, the cause and nature of the decrease in value and the
amount by which the owner contends the valuation of the property has been decreased.
Prior to determining the value of the property, the county assessor or an employee of
the assessor must view the property described in the statement. The county assessor
shall note on the back of the statement the date the property was viewed, by whom it
was viewed and any action taken or to be taken as a result. The provisions of this
subsection include a decrease in valuation of property due to a change in ownership,
location or existence of personal property subject to local valuation, and in those cases
the assessor or his employee shall verify the alleged change and make an appropriate
notation of the date of verification, the person who made it and any action taken or to be
taken as a result.

# B.

Reports required or authorized under this section to be filed by the owner of
property may be filed by the owner's authorized agent.