Statutes > New Mexico Statutes > Chapter 39 - Judgments, Costs, Appeals. > Article 5 - Sales Under Execution and Foreclosure, 39-5-1 through 39-5-23. > Section 39-5-5 - Limit on sale price of real estate.

Section 39-5-5 - Limit on sale price of real estate.

39-5-5. [Limit on sale price of real estate.]

No real property shall be sold on any execution issued out of any court in any case at law for less than two-thirds of the appraised cash value thereof, exclusive of liens and encumbrances.