Lien in New Mexico
State-specific overview · Property & Real Estate
New Mexico recognizes both consensual and statutory liens, with mechanic's liens requiring notice within 90 days of last work.
How New Mexico treats Lien
New Mexico allows creditors to file liens against real and personal property to secure debts. Mechanic's liens, governed by the Mechanic's Lien Law, must be filed within 90 days after the last date materials were furnished or labor was performed. The state also recognizes judgment liens, which attach to property after a court enters a money judgment. Lien priority generally follows the order of filing or recording.
The general definition of Lien
A legal claim against property to secure payment of a debt or obligation.
A lien gives someone the right to hold or sell another person's property if a debt isn't paid. For instance, a mechanic who fixes your car might place a lien on it, meaning you can't sell or transfer the car until you pay the repair bill. The person holding the lien doesn't own the property, but they have a legal interest in it that must be satisfied before the owner can freely sell it.
Read the full Lien entry →This page is a plain-English reference and is not legal advice. State laws change frequently. For specific situations consult a licensed attorney in New Mexico.