New Mexico § 19-7-39 - Form of assignment; contents; acknowledgment; constructive notice; recording waived
Full text of New Mexico New Mexico Statutes Annotated § 19-7-39 — Form of assignment; contents; acknowledgment; constructive notice; recording waived, with citation guidance and answers to common questions.
§ 19-7-39. Form of assignment; contents; acknowledgment; constructive notice; recording waived
Such assignments shall be executed on forms to be prescribed by the commissioner of
public lands, which forms shall specify the number of the lease or purchase contract
assigned, the description of the land embraced in such lease or purchase contract,
the date of the expiration of the lease assigned, the name of the assignee and the
amount of the indebtedness which the assignment is given to secure, and may provide
for further advances by the assignee up to a specific amount. Such assignments shall be acknowledged by the assignor in the manner provided by
law for the acknowledgment of conveyances affecting real estate, and, when filed in
the office of the commissioner of public lands and approved by him, shall be constructive
notice to all persons of the contents of such assignments from the date of such approval,
and it shall not be necessary to record such instruments in the county where the lands
affected thereby are located. Provided, that when more than one lease or purchase contract is assigned to secure
the same indebtedness, any and all such leases or purchase contracts shall be assigned
by separate instrument.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 19-7-39
What does New Mexico Statutes Annotated § 19-7-39 cover?
Section 19-7-39 ("Form of assignment; contents; acknowledgment; constructive notice; recording waived") is part of the New Mexico Statutes Annotated, the codified statutory law of New Mexico. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite New Mexico § 19-7-39?
A common citation format is "New Mexico Statutes Annotated § 19-7-39" (New Mexico). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of New Mexico law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the New Mexico official source linked on this page or consult a licensed New Mexico attorney.
How does New Mexico § 19-7-39 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in New Mexico can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in New Mexico.