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New Mexico Administrative Code

Part 22

Planning and Development Leases

State of New Mexico

1Issuing Agency 2Scope 3Statutory Authority 4Duration 5Effective Date 6Objective 7Definitions 8Leasing Standards 9Initiating a Lease 10Public Notice of a Proposed Planning and Development Lease 11Public Auction 12Planning and Development Lease 13Sublease; Assignment or Partial Assignment 14Collateral Assignments; Leasehold Mortgages 15Approval of Government Approvals and Infrastructure 16Removal of Property 17Improvement Value; Improvement Value Credit 18Take-out Leases; Take-out Sales or Exchanges Authorized 19Acquisition of Rights-of-way by Lessee for Dedication to a Governmental Entity 20Relinquishment 21Default; Remedies 22Existing Leases