Uniform Assignment of Rents | Midpage

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New Mexico Statutes Annotated 1978

15

Uniform Assignment of Rents

State of New Mexico

56-15-1Short title 56-15-2Definitions 56-15-3Manner of giving notification 56-15-4Security instrument creates assignment of rents; assignment of rents creates security interest 56-15-5Recordation; perfection of security interest in rents; priority of conflicting interests in rents 56-15-6Enforcement of security interest in rents 56-15-7Enforcement by appointment of receiver 56-15-8Enforcement by notification to assignor 56-15-9Enforcement by notification to tenant 56-15-10Notification to tenant; form 56-15-11Effect of enforcement 56-15-12Application of proceeds 56-15-13Application of proceeds to expenses of protecting real property; claims and defenses of tenant 56-15-14Turnover of rents; commingling and identifiability of rents; liability of assignor 56-15-15Perfection and priority of assignee's security interest in proceeds 56-15-16Priority subject to subordination 56-15-17Uniformity of application and construction 56-15-18Relation to Federal Electronic Signatures in Global and National Commerce Act 56-15-19Application to existing relationships