Statutes > New Mexico Statutes > Chapter 39 - Judgments, Costs, Appeals. > Article 5 - Sales Under Execution and Foreclosure, 39-5-1 through 39-5-23. > Section 39-5-1.2 - "Real estate" and "real property" defined.

Section 39-5-1.2 - "Real estate" and "real property" defined.

39-5-1.2. ["Real estate" and "real property" defined.]

As used in Chapter 39, Article 5 NMSA 1978 "real estate" or "real property" includes leaseholds.  As used in this section, "leasehold" means an estate in real estate or real property held under a lease.