Section 47-1-27 - ["Statutory forms" of conveyance and mortgage of real property.]

NM Stat § 47-1-27 (2019) (N/A)
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The forms set forth in the appendix to this act [47-1-44 NMSA 1978] may be used and shall be sufficient for their respective purposes. They shall be known as "statutory forms" and may be referred to as such. They may be altered as circumstances require, and the authorization of such forms shall not prevent the use of other forms.

History: 1941 Comp., § 75-126, enacted by Laws 1947, ch. 203, § 1; 1953 Comp., § 70-1-26.

Statutory form does not preclude others. — The legislature has approved the use of a concise statutory mortgage form in Section 47-1-44 NMSA 1978; however, this form does not preclude the use of others. C & L Lumber & Supply, Inc. v. Texas Am. Bank/Galeria, 1990-NMSC-056, 110 N.M. 291, 795 P.2d 502.