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NMSA 1978 Chapter 7 — Taxation

NMSA 1978, § 7-38-59

Certificates of sale; effect of certificates of sale

Official textnmonesource.comlast amended

# A.

Upon receiving payment for the personal property sold, the county treasurer shall execute and deliver a certificate of sale to the purchaser.

# B.

A certificate of sale:

# (1)

is prima facie evidence of the treasurer's right to make the sale and conclusive evidence of the regularity of all proceedings relating to the sale;

# (2)

transfers all of the former property owner's interest in the personal property as of the date of sale. The purchaser takes the personal property free of any unrecorded or unfiled interests unknown to him at the time of sale; and

# (3)

shall be in a form prescribed by regulation of the department.

Amendment history

1953 Comp., § 72-31-59, enacted by Laws 1973, ch. 258, § 99.

Source: official source (NMSA chapter on nmonesource.com)

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In this article (40 sections)
  1. 7-38-40 · Claims for refund; civil action
  2. 7-38-41 · Protested property taxes; suspense fund; refunds; interest
  3. 7-38-42 · 7-38-42
  4. 7-38-43 · 7-38-43
  5. 7-38-44 · 7-38-44
  6. 7-38-44.1 · 7-38-44.1
  7. 7-38-45 · 7-38-45
  8. 7-38-46 · Delinquent property taxes
  9. 7-38-47 · 7-38-47
  10. 7-38-48 · 7-38-48
  11. 7-38-49 · Unpaid property taxes; imposition of interest
  12. 7-38-50 · Delinquent taxes; civil penalties
  13. 7-38-51 · 7-38-51
  14. 7-38-52 · 7-38-52
  15. 7-38-53 · 7-38-53
  16. 7-38-54 · Demand warrant; contents
  17. 7-38-55 · Surrender of personal property; penalty for refusal
  18. 7-38-56 · Release of personal property seized
  19. 7-38-57 · Notice of sale of personal property
  20. 7-38-58 · Personal property sale requirements
  21. 7-38-59 · Certificates of sale; effect of certificates of sale
  22. 7-38-60 · Notification to property owner of delinquent taxes
  23. 7-38-61 · 7-38-61
  24. 7-38-62 · 7-38-62
  25. 7-38-63 · 7-38-63
  26. 7-38-64 · Repealed
  27. 7-38-65 · 7-38-65
  28. 7-38-66 · Sale of real property for delinquent taxes; notice of sale
  29. 7-38-67 · Real property sale requirements
  30. 7-38-67.1 · 7-38-67.1
  31. 7-38-68 · Installment agreements
  32. 7-38-69 · 7-38-69
  33. 7-38-70 · 7-38-70
  34. 7-38-71 · Distribution of amounts received from sale of property
  35. 7-38-72 · 7-38-72
  36. 7-38-73 · 7-38-73
  37. 7-38-74 · 7-38-74
  38. 7-38-75 · Exception to property tax due date
  39. 7-38-76 · 7-38-76
  40. 7-38-77 · 7-38-77
Full table of contents →