NMSA 1978, § 7-38-16 — 7-38-16

Condemnation proceedings; duty of condemning authority
to notify county assessor.

# A.

Upon the issuance of a court order making permanent an order of preliminary
entry in any condemnation proceeding brought by any governmental authority in this
state exercising the power of eminent domain, or upon the issuance of a final order of
condemnation if no order allowing preliminary entry is issued, the condemning authority
shall notify the county assessor of the county in which the land subject to condemnation
is situated of:
(1) the fact of the issuance of an order making permanent an order of
preliminary entry or an order of final condemnation and the date of the order;
(2) the description and ownership of the land subject to the order; and
(3) the date that physical possession of the land was or will be assumed by
the condemning authority under a preliminary entry order.

# B.

Upon receipt of the notification required under Subsection A, the county assessor
shall make appropriate changes in his valuation records to indicate as owner of the land
for property taxation purposes the condemning authority as of the date of possession or
the date of a final order of condemnation. If the land involved is subject to valuation for
property taxation purposes by the department, the county assessor shall notify the
department of the changes.

# C.

This section does not authorize the proration of taxes for a tax year in which
ownership changes as a result of condemnation proceedings, but a condemning
authority may contract or stipulate with an owner of land subject to condemnation for the
proration of the owner's tax liability.