13.14.8.18 NMAC

Contiguity Of Parcels Endorsements

Last amended: 2021Year: 2021Length: 109 wordsOfficial source
NM form 54 or 66 may be attached to a policy upon being furnished with a satisfactory survey. These endorsements may not be attached to a policy that insures one to four family residential property. A. For an ownerโ€™s policy, the insured shall, have an interest (in fee, leasehold, or easement) in both parcels referred to in NM form 54, or in all parcels referred to in NM form 66. B. For a loan policy the insured lender shall, have a lien upon an interest (in fee, leasehold, or easement) on both parcels referred to in NM form 54, or on all parcels referred to in NM form 66.
13.14.8.18 NMAC: Contiguity Of Parcels Endorsements | Justis AI