Hidalgo County, NM Construction Lawyers
Includes: Construction Contracts, Construction Liens, Housing & Construction Defects
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Lordsburg, NM 88045
Profile LAWPOINTS™22/100
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Rodeo, NM 88056
Profile LAWPOINTS™19/100
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300 Shakespeare St, Lordsburg, NM 88045
Profile LAWPOINTS™17/100
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Easily find New Mexico Construction Lawyers and New Mexico Construction Law Firms for your location. Narrow your Construction attorney search for New Mexico by major city or a specific New Mexico city using the city list. Or search for New Mexico Construction attorneys by county. For more attorneys, search all Real Estate areas including Timeshare, Eminent Domain, Foreclosure, Land Use & Zoning, Landlord-Tenant and Other Real Estate attorneys.
LEGAL TERMS
APPRECIATION
An increase in value. Appreciated property is property that has gone up in value since it was acquired.
REFORMATION
The act of changing a written contract when one of the parties can prove that the actual agreement was different than what's written down. The changes are usual... (more...)
The act of changing a written contract when one of the parties can prove that the actual agreement was different than what's written down. The changes are usually made by a court when both parties overlooked a mistake in the document, or when one party has deceived the other.
HOMESTEAD DECLARATION
A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that ... (more...)
A form filed with the county recorder's office to put on record your right to a homestead exemption. In most states, the homestead exemption is automatic--that is, you are not required to record a homestead declaration in order to claim the homestead exemption. A few states do require such a recording, however.
STATUTE OF LIMITATIONS
The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For... (more...)
The legally prescribed time limit in which a lawsuit must be filed. Statutes of limitation differ depending on the type of legal claim, and often the state. For example, many states require that a personal injury lawsuit be filed within one year from the date of injury -- or in some instances, from the date when it should reasonably have been discovered -- but some allow two years. Similarly, claims based on a written contract must be filed in court within four years from the date the contract was broken in some states and five years in others. Statute of limitations rules apply to cases filed in all courts, including federal court.
DIRECTOR
A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important bus... (more...)
A member of the governing board of a corporation, typically elected at an annual meeting of the shareholders. Directors are responsible for making important business decisions -- especially those that legally bind the corporation -- leaving day-to-day management to officers and employees of the corporation. For example, a decision to borrow money, lease an office or buy real property would normally be authorized by the board of directors. However, in the small business world, where it is common for owners to be directors, officers and employees simultaneously, distinctions dividing the roles and responsibilities of these groups are often blurred.
EXCULPATORY CLAUSE
A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by t... (more...)
A provision in a lease that absolves the landlord from responsibility for all damages, injuries or losses occurring on the property, including those caused by the landlord's actions. Most states have laws that void exculpatory clauses in rental agreements, which means that a court will not enforce them.
CAUSE OF ACTION
A specific legal claim -- such as for negligence, breach of contract or medical malpractice -- for which a plaintiff seeks compensation. Each cause of action is... (more...)
A specific legal claim -- such as for negligence, breach of contract or medical malpractice -- for which a plaintiff seeks compensation. Each cause of action is divided into discrete elements, all of which must be proved to present a winning case.
BASIS
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the pr... (more...)
For income and capital gains tax purposes, the value that is used to determine profit or loss when property is sold. Often the basis is what you paid for the property, 'adjusted' to reflect improvements made or damage incurred while you own the property. See stepped-up basis, carryover basis.
USE TAX
A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy... (more...)
A tax imposed by a state to compensate for the sales tax lost when an item is purchased outside of the state, but is used within the state. For example, you buy your car in a state that has no sales tax, but you live across the border in a state that does have a sales tax. When you bring your car home and register it in your state, the state taxing authority will bill you for the sales tax it would have collected had you bought the car within the state.
SAMPLE LEGAL CASES
Marbob Energy Corp. v. OIL CONSERVATION COM'N
... As a result, our analysis is one of statutory construction, and we review the district court's decision
upholding Rule 1227 de novo. See NM Indus. ... {7} Statutory construction is a question of law.
State v. Romero, 2006-NMSC-039, ¶ 6, 140 NM 299, 142 P.3d 887. ...
Primetime Hospitality, Inc. v. Albuquerque
... (Primetime) had begun constructing a hotel on its Albuquerque property when it accidentally
ruptured an encroaching City of Albuquerque (the City) waterline, causing it to incur excess
construction costs and delaying the hotel's opening. ... C. EXCESS CONSTRUCTION COSTS. ...
Tafoya v. Rael
... Valerie TAFOYA, as personal representative of the Estate of Phillip Tafoya Jr.,
Plaintiff-Petitioner, v. Jason RAEL and Wilfred Rael, d/b/a Rael Excavation & Co., and Thomas
Tafoya, d/b/a Chuby's Construction, Defendants-Respondents. No. 30,568. ...
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