Statutes > New Mexico Statutes > Chapter 47 - Property Law. > Article 1 - Conveyances and General Provisions, 47-1-1 through 47-1-56. > Section 47-1-15 - Joint grantees or devisees; tenancy in common.

Section 47-1-15 - Joint grantees or devisees; tenancy in common.

47-1-15. [Joint grantees or devisees; tenancy in common.]

All interest in any real estate, either granted or bequeathed to two or more persons other than executors or trustees, shall be held in common, unless it be clearly expressed in said grant or bequest that it shall be held by both parties.