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Current as of January 01, 2024 | Updated by Findlaw Staff
Any resident of this state who does not own a homestead shall in addition to other exemptions hold exempt real or personal property in the amount of fifteen thousand dollars ($15,000) in lieu of the homestead exemption.
Cite this article: FindLaw.com - New Mexico Statutes Chapter 42. Actions and Proceedings Relating to Property § 42-10-10. Exemption in lieu of homestead - last updated January 01, 2024 | https://codes.findlaw.com/nm/chapter-42-actions-and-proceedings-relating-to-property/nm-st-sect-42-10-10/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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