New Mexico Statutes 7-38-59. Certificates of sale; effect of certificates of sale
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A. Upon receiving payment for the personal property sold, the county treasurer shall execute and deliver a certificate of sale to the purchaser.
Terms Used In New Mexico Statutes 7-38-59
- Evidence: Information presented in testimony or in documents that is used to persuade the fact finder (judge or jury) to decide the case for one side or the other.
- Personal property: All property that is not real property.
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.