N.M. Admin. Code § 19.2.2.65
Current through Register Vol. 35, No. 23, December 10, 2024
To transfer an interest in a lease owned by a deceased resident of New Mexico to the decedent's heirs or devisees, proper probate proceedings must be held in accordance with the New Mexico Probate Code. Certified copies of such proceedings showing proper legal authority to transfer shall be filed with the commissioner. Provided, however, that where lawful transfer occurs outside of probate, the purported transferee shall file with the commissioner the death certificate of the lessee and all instruments effecting transfer of the lease.
N.M. Admin. Code § 19.2.2.65