N.M. Stat. § 42-10-10

Exemption in lieu of homestead.

Last amended: 2023Year: 2026Length: 37 wordsOfficial source
Any resident of this state who does not own a homestead shall in addition to other exemptions hold exempt real or personal property in the amount of fifteen thousand dollars ($15,000) in lieu of the homestead exemption.
N.M. Stat. § 42-10-10: Exemption in lieu of homestead. | Justis AI