New Mexico § 19-4-16 - Conduct of sales
Full text of New Mexico New Mexico Statutes Annotated § 19-4-16 — Conduct of sales, with citation guidance and answers to common questions.
§ 19-4-16. Conduct of sales
Such lots or parcels of land shall be sold at public vendue to the highest bidder
for cash and shall be offered for sale singly unless a greater price can be obtained
by selling several lots or parcels of land together, in which case several lots or
parcels of land can be sold together, after an attempt has been first made to sell
them singly. Such sale may be continued if necessary, from day to day for a period not to exceed
three days at any one sale. In case all said lands are not sold at first sale, the remaining lands shall be
advertised as many times as may be necessary to sell said lands, and all sales subsequent
to the first sale shall be advertised and conducted the same as the first sale. No lot or parcel of land shall be sold at less than its appraised value. A new appraisement may be had of all lands remaining unsold: provided, that such
new appraisement shall not be made oftener than three months. Such new appraisement shall be made by a new board of appraisers, or the old board
of appraisers, to be appointed in the manner of the first board of appraisers.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 19-4-16
What does New Mexico Statutes Annotated § 19-4-16 cover?
Section 19-4-16 ("Conduct of sales") 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 § 19-4-16?
A common citation format is "New Mexico Statutes Annotated § 19-4-16" (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 § 19-4-16 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.