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New Mexico Statutes Annotated 1978

2A

Leases

State of New Mexico

55-2A-101Short title 55-2A-102Scope 55-2A-103Definitions and index of definitions 55-2A-104Leases subject to other law 55-2A-105Territorial application of article to goods covered by certificate of title 55-2A-106Limitation on power of parties to consumer lease to choose applicable law and forum 55-2A-107Waiver or renunciation of claim or right after default 55-2A-108Unconscionability 55-2A-109Option to accelerate at will 55-2A-201Statute of frauds 55-2A-202Final expression; parol or extrinsic evidence 55-2A-203Seals inoperative 55-2A-204Formation in general 55-2A-205Firm offers 55-2A-206Offer and acceptance in formation of lease contract 55-2A-208Modification, rescission and waiver 55-2A-209Lessee under finance lease as beneficiary of supply contract 55-2A-210Express warranties 55-2A-211Warranties against interference and against infringement; lessee's obligation against infringement 55-2A-212Implied warranty of merchantability 55-2A-213Implied warranty of fitness for particular purpose 55-2A-214Exclusion or modification of warranties 55-2A-215Cumulation and conflict of warranties express or implied 55-2A-216Third-party beneficiaries of express and implied warranties 55-2A-217Identification 55-2A-218Insurance and proceeds 55-2A-219Risk of loss 55-2A-220Effect of default on risk of loss 55-2A-221Casualty to identified goods 55-2A-301Enforceability of lease contract 55-2A-302Title to and possession of goods 55-2A-303Alienability of party's interest under lease contract or of lessor's residual interest in goods; delegation of performance; transfer of rights 55-2A-304Subsequent lease of goods by lessor 55-2A-305Sale or sublease of goods by lessee 55-2A-306Priority of certain liens arising by operation of law 55-2A-307Priority of liens arising by attachment or levy on, security interests in and other claims to goods 55-2A-308Special rights of creditors 55-2A-309Lessor's and lessee's rights when goods become fixtures 55-2A-310Lessor's and lessee's rights when goods become accessions 55-2A-311Priority subject to subordination 55-2A-401Insecurity; adequate assurance of performance 55-2A-402Anticipatory repudiation 55-2A-403Retraction of anticipatory repudiation 55-2A-404Substituted performance 55-2A-405Excused performance 55-2A-406Procedure on excused performance 55-2A-407Irrevocable promises; finance leases 55-2A-501Default; procedure 55-2A-502Notice after default 55-2A-503Modification or impairment of rights and remedies 55-2A-504Liquidation of damages 55-2A-505Cancellation and termination and effect of cancellation, termination, rescission or fraud on rights and remedies 55-2A-506Statute of limitations 55-2A-507Proof of market rent; time and place 55-2A-508Lessee's remedies 55-2A-509Lessee's rights on improper delivery; rightful rejection 55-2A-510Installment lease contracts; rejection and default 55-2A-511Merchant lessee's duties as to rightfully rejected goods 55-2A-512Lessee's duties as to rightfully rejected goods 55-2A-513Cure by lessor of improper tender or delivery; replacement 55-2A-514Waiver of lessee's objections 55-2A-515Acceptance of goods 55-2A-516Effect of acceptance of goods; notice of default; burden of establishing default after acceptance; notice of claim or litigation to person answerable over 55-2A-517Revocation of acceptance of goods 55-2A-518Cover; substitute goods 55-2A-519Lessee's damages for non-delivery, repudiation, default and breach of warranty in regard to accepted goods 55-2A-520Lessee's incidental and consequential damages 55-2A-521Lessee's right to specific performance or replevin 55-2A-522Lessee's right to goods on lessor's insolvency 55-2A-523Lessor's remedies 55-2A-524Lessor's right to identify goods to lease contract 55-2A-525Lessor's right to possession of goods 55-2A-526Lessor's stoppage of delivery in transit or otherwise 55-2A-527Lessor's rights to dispose of goods 55-2A-528Lessor's damages for nonacceptance, failure to pay, repudiation or other default 55-2A-529Lessor's action for the rent 55-2A-530Lessor's incidental damages 55-2A-531Standing to sue third parties for injury to goods 55-2A-532Lessor's rights to residual interest