New Mexico § 42-3-8 - Miscellaneous payments
Full text of New Mexico New Mexico Statutes Annotated § 42-3-8 — Miscellaneous payments, with citation guidance and answers to common questions.
§ 42-3-8. Miscellaneous payments
In addition to other payments authorized by the Relocation Assistance Act, the displacing
agency, as part of the cost of any program or project, may reimburse reasonable and
necessary expenses incurred for: A. recording fees, transfer taxes and other expenses incidental to conveying the property; B. penalty costs for prepayment of any mortgage then existing entered into in good
faith encumbering the real property if the mortgage is on record or has been filed
for record as provided by law; and C. the pro rata portion of real property taxes paid which are allocable to the period
subsequent to the date of vesting of title in the displacing agency or the effective
date of the possession of the real property by the displacing agency, whichever is
earlier.
Frequently Asked Questions About New Mexico § 42-3-8
What does New Mexico Statutes Annotated § 42-3-8 cover?
Section 42-3-8 ("Miscellaneous payments") 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 § 42-3-8?
A common citation format is "New Mexico Statutes Annotated § 42-3-8" (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 § 42-3-8 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.