Statutes > New Mexico Statutes > Chapter 7 - Taxation. > Article 38 - Administration and Enforcement of Property Taxes, 7-38-1 through 7-38-93. > Section 7-38-12 - Property transfers; copies of documents to be furnished to assessor; penalty for violation.

Section 7-38-12 - Property transfers; copies of documents to be furnished to assessor; penalty for violation.

7-38-12. Property transfers; copies of documents to be furnished to assessor; penalty for violation.

A.     Whenever a deed or real estate contract transferring an interest in real property is received by a county clerk for recording, a copy of the deed or real estate contract shall be given to the county assessor by the clerk.   

B.     A county clerk who willfully fails to comply with this section is guilty of a petty misdemeanor, punishable in accordance with the Criminal Code [30-1-1 NMSA 1978].