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New Mexico · NMSA 1978, §47-13-4New Mexico property tax estimate: the assessor's next-year figure before the offer is accepted

Before accepting an offer to purchase residential property, the New Mexico seller or seller's broker requests from the county assessor the estimated property tax levy, using the list price as the value, and gives a copy of the assessor's response in writing to the prospective buyer or buyer's broker (NMSA 1978, §47-13-4(B)). The buyer's broker passes it to the buyer immediately, and the buyer acknowledges receipt in writing (§47-13-4(C)). The assessor answers by the close of the next business day, and may do so through a website; the estimate shows the current or prior year's tax, the estimate for the year after the sale, and a statutory disclaimer (§47-13-4(D)–(E)). A buyer may waive the disclosure in a signed writing before making the offer (§47-13-4(F)).

The rules

  1. 1. Request (§47-13-4(B)(1))

    Seller or listing broker asks the county assessor, at the list price.

  2. 2. Deliver (§47-13-4(B)(2), (C))

    To the buyer before the offer is accepted; buyer acknowledges in writing.

  3. 3. Assessor (§47-13-4(D))

    Answers by close of the next business day.

  4. 4. Waiver (§47-13-4(F))

    Buyer may waive in writing before the offer.

What the TC can do

  • Request the assessor's estimate when the listing goes live, at the list price.
  • Attach the estimate to the listing packet for buyers' brokers.
  • Collect the buyer's signed acknowledgment, or waiver, with the offer.

Questions about the New Mexico property tax estimate

Who requests the property tax estimate in New Mexico?

The seller or the seller's broker, from the county assessor, before accepting an offer (NMSA 1978, §47-13-4(B)).

Can the buyer skip it?

Yes, by signing a written waiver before the offer to purchase is made (NMSA 1978, §47-13-4(F)).

Related guides

Add the assessor request and the buyer's acknowledgment as tasks in ClosingCode.

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Source: NMSA 1978, §47-13-4 (New Mexico Statutes Annotated 1978 at nmonesource.com, read October 28, 2026).

General information, not legal advice. ClosingCode is software; it is not a law firm or brokerage. This guide is not a substitute for the advice or services of an attorney.