N.M. Admin. Code § 3.6.5.12
Current through Register Vol. 35, No. 19, October 8, 2024
Because it does not constitute an interest in real property, a license which does not confer the dominion and control necessary to constitute a leasehold is not included within the definition of "fractional interest" as that term is defined in Section 7-36-4 NMSA 1978.
N.M. Admin. Code § 3.6.5.12