N.M. Stat. § 42-8-7
[Procedure for waiver of affidavit and bond; election to take
value of property or its return.]
That if in any suit for replevin of property the plaintiff shall allege in his complaint a
demand upon the defendant for the return of the property and a reasonable opportunity
to comply therewith, and that he waives seizure and delivery thereof, the affidavit and
bond prescribed in Sections 42-8-5 and 42-8-6 NMSA 1978 need not be filed, nor the
writ issued. In such case, the verdict, if for the plaintiff, shall fix the value of the property,
as well as the damages for detention; upon which verdict plaintiff shall have judgment
for such damages, and either for the value of such property, as so fixed, or for the return
thereof, at his election.