§ 48-12-1 Short title
§ 48-12-2 Definitions
§ 48-12-3 Broker’s lien for compensation for services; requirements
§ 48-12-4 Notice of lien; attachment requirements; recording;
§ 48-12-5 Commencement of action; recording satisfaction of lien
§ 48-12-6 Petition to cancel lien; security
§ 48-12-7 Attorney fees
contract signature

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Terms Used In New Mexico Statutes > Chapter 48 > Article 12 - Commercial Real Estate Broker Liens

  • Appellate: About appeals; an appellate court has the power to review the judgement of another lower court or tribunal.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Lease: A contract transferring the use of property or occupancy of land, space, structures, or equipment in consideration of a payment (e.g., rent). Source: OCC
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
  • Trial: A hearing that takes place when the defendant pleads "not guilty" and witnesses are required to come to court to give evidence.