New Mexico § 19-7-49 - New grazing lease; time for filing application; prior lessee preferred
Full text of New Mexico New Mexico Statutes Annotated § 19-7-49 — New grazing lease; time for filing application; prior lessee preferred, with citation guidance and answers to common questions.
§ 19-7-49. New grazing lease; time for filing application; prior lessee preferred
Every grazing lessee who desires a new lease on the same lands for a term not exceeding
five years shall make and file with the commissioner his application for such new
lease on or before August 1st next preceding the expiration of his existing lease;
and any and all other applicants for a like lease on such land shall make and file
with the commissioner their applications on or before September 1st next preceding
the expiration date of such existing lease. If more than one such application to lease be filed as herein provided, one of which
shall be that of the holder of the existing lease, the commissioner shall lease such
land to the bona fide applicant offering the highest annual rental therefor, if to
anyone; except that the commissioner, before so doing, if another bona fide applicant
shall offer a higher rental than that offered by the holder of the existing lease,
shall give written notice to the holder of the existing lease, immediately after September
1st next preceding the expiration of such lease, of the name and address of the applicant
offering the highest annual rental and the amount of such offer, and if the holder
of the existing lease, on or before September 30th next ensuing, shall meet such offer
and has, in good faith, complied with all the requirements of his existing lease,
the lease shall be awarded to him, if to anyone.
Source: official New Mexico text · Last verified 2026-08-27
Frequently Asked Questions About New Mexico § 19-7-49
What does New Mexico Statutes Annotated § 19-7-49 cover?
Section 19-7-49 ("New grazing lease; time for filing application; prior lessee preferred") 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 § 19-7-49?
A common citation format is "New Mexico Statutes Annotated § 19-7-49" (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 § 19-7-49 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.