New Mexico route screening

New Mexico small-estate limit: $50,000

After 30 days, a successor may use an affidavit if the entire estate, wherever located and less liens and encumbrances, does not exceed $50,000 and no personal-representative application is pending or granted.

Sources reviewed August 9, 2026. Latest primary-source re-fetch October 3, 2026.

The affidavit collects tangible personal property and cannot perfect title to real estate. Section 45-3-1203 separately permits summary distribution when the net estate does not exceed enumerated allowances and administration, last-illness, and funeral expenses.

Threshold evidence and currency

What the reviewed source establishes

Currency: No later session-law supersession is recorded in the reviewed source set for this threshold. The edition/currentness label below is the basis for the published figure.

Controlling citation: NMSA 1978 § 45-3-1201 — History: 1953 Comp., § 32A-3-1201, enacted by Laws 1975, ch. 257, § 3-1201; 1983, ch. 194, § 8; 1995, ch. 210, § 48; 2011, ch. 124, § 50..

Verbatim threshold text from that source:

45-3-1201. Collection of personal property by affidavit. A. Thirty days after the death of a decedent, any person indebted to the decedent or having possession of tangible personal property or an instrument evidencing a debt, obligation, stock or chose in action belonging to the decedent shall make payment of the indebtedness or deliver the tangible personal property or an instrument evidencing a debt, obligation, stock or chose in action to a person claiming to be the successor of the decedent upon being presented an affidavit made by or on behalf of the successor stating that: (1) the value of the entire estate, wherever located, less liens and encumbrances, does not exceed fifty thousand dollars ($50,000); (2) thirty days have elapsed since the death of the decedent;

How the New Mexico screen is measured

ProcedureCollection of personal property by affidavit
What countsThe probate estate within the statute’s scope, so solely owned real property can count
Value basisValue less enforceable liens and encumbrances
Waiting period30 days after death

The New Mexico caveats that can change this answer are listed once, on the New Mexico overview.

The official New Mexico path

What a small-estate screen can and cannot decide, and which assets never enter it, is explained once in small-estate affidavit or probate and what counts as a probate asset.

Controlling source

New Mexico record: 6/6 verified, 18 matched checks, latest source re-fetch October 3, 2026. Source record · method · report a correction