New Mexico | Real Estate Law
Legal Question
is a notarized payment agreement bining enough to reposess items if purchaser fails to pay agreed price on purchase agreement?
Legal Answer
There are not enough facts for an appropriate answer to this question. The type of document, whether or not it was filed with the Secretary of State, and other information must be available to form the basis for a legal opinion. We would not attempt a definitive answer to this question without a first-hand review of the document described and a full understanding of the transaction.
Charles S. Aspinwall, J.D., LLC PO Bx 984 Los Lunas, NM 87031-0984
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