To:                    NMAR Members

From:               James Russ II, President
Steven Anaya, CEO and
Ashley Strauss-Martin, NMAR General Counsel

Date:                March 25, 2020
New Mexico Supreme Court Suspends Evictions of Tenants of Residential Properties  

Effective March 24, 2020, the New Mexico Supreme Court (“Court”) issued an Order that stays the execution of any writ of restitution that has been issued pursuant to the New Mexico Owner Resident Relations Act (“Act”) for the non-payment of rent. Further, the Order stays all applicable deadlines for appealing a writ of restitution. All other provisions of the Act shall remain unaffected by the terms of the Order. This stay is effective until modified or withdrawn by Order of the Court. The Act governs residential landlord-tenant relations, so this Order does NOT apply to commercial leases.

NMREC Public Announcements

Due to the public health emergency declared by Governor Michelle Lujan Grisham, the following Executive Orders have been released by the NMREC:

Your Association is Here to Help Keep You Operating

Be assured, while your NMAR staff may not always be at the office, they are available to answer your questions via email.
 
Information is ever-changing. We will post the latest information regarding NMAR services, meetings, and New Mexico health orders on our Facebook Page and the NMAR website .
 
We encourage you to take proactive steps to help prevent the spread of illnesses, including coronavirus and the seasonal flu. Stay healthy and safe.

 
Membership Questions:   Barbara@nmrealtor.com or Ambyrly@nmrealtor.com
Forms/Instanet:   Barbara@nmrealtor.com
Legal Hotline:   LegalHotline@nmrealtor.com

Podcast: NAR Chief Economist Lawrence Yun
I n these uncertain times, it’s vital to arm yourself with facts so you can prepare for and deal with any challenges. In this podcast episode , Brian Buffini interviews NAR Chief Economist Lawrence Yun and gets his take on how the economy and the housing market will be affected by the coronavirus.