US Lawyer Database

Section 3-36-7 – Application of proceeds from sale of property.

The proceeds of the sale of the property by the municipality pursuant to a foreclosure sale on a municipal lien under the provisions of Section 3-36-4 or 3-36-6 NMSA 1978 shall be applied as follows: A. first, to the payment of costs in giving notice of the sale and of conducting the sale; B. second, […]

Section 3-36-3 – Manner of releasing lien.

The municipal clerk may release a lien against any specific property by: A. entering and signing a receipt of payment upon the notice of lien filed in the office of the county clerk; or B. issuing a separate receipt which recites that payment of the lien with any accrued interest and penalty has been made. […]

Section 3-36-2 – Effect of filing notice of lien.

After the filing of the notice of the lien in the office of the county clerk, the municipality shall have a lien upon the property described in the notice of lien. The filing of the notice of the lien shall be notice to all the world of the existence of the lien and of the […]