Rule 1-054.2 NMRA

Rule 1-054.2. Judgments in residential foreclosure actions; certification concerning the absence of loss mitigation negotiations required; definition.

Last amended: 2025Year: 2025Length: 88 wordsOfficial source
A. Certification for judgment. As a precondition to the entry of judgment of residential foreclosure by the district court, the plaintiff shall file a certification, substantially in the form approved by the Supreme Court as Form 4-712 NMRA, concerning the absence of loss mitigation negotiations with the borrower. This rule does not apply to lien foreclosures. B. Definition. As used in this rule, “residential” means a property designed principally for occupancy by one to four families and that is occupied by the defendant as the defendant’s principal residence.
Rule 1-054.2 NMRA: Rule 1-054.2. Judgments in residential foreclosure actions; certification concerning the absence of loss mitigation negotiations required; definition. | Justis AI