Wholesale Heaven — Assignment rules in New Mexico

Item	Value
Is an assignment legal here?	yes
What the matrix says about it	Assignment of one's own purchase contract is a common-law right and is not itself licensed activity in this state; the constraint is on MARKETING and on DISCLOSURE.
Marketing rule the gate enforces	`claim_unverified`
What that means in practice	No primary source obtained. The claim is plausible in shape (it mirrors OK and ND) but F5259 refuses to encode an unverified prohibition as fact OR to encode a GO. Fails closed.
What triggers a licence requirement	UNVERIFIED. A secondary industry tracker asserts New Mexico SB 379 (2024) requires anyone marketing or arranging the sale of real estate, including assignment of an equitable interest, to hold a real estate licence, with fines to $5,000 per violation. F5259 could not reach NMSA 61-29-2 or the SB 379 text (nmonesource.com returned 403).
Written seller disclosure required?	yes
Basis for the disclosure	Contract term + state UDAP/consumer-protection statute.
Statutory wording required?	no
F5259 bucket	EXCLUDE
Condition the gate enforces	EXCLUDED until NMSA 61-29-2/61-29-3 and NM SB 379 (2024) are read at primary source.
Verification status	UNVERIFIED
Attorney review required before first use?	yes

Lead class	Verdict
land	NO
preforeclosure non owner occupied	NO
preforeclosure owner occupied	NO
probate	NO
tax delinquent	NO

Not legal advice. We are not a law firm and we do not draft documents for anyone else. A template is a starting point for a transaction you are a principal in; it is not a substitute for a lawyer licensed in the state the property sits in, and in several states the disclosure below has statutory wording that must be copied exactly. Have counsel read it before you sign.

Assignments in New Mexico (NM)

Verdict by lead class

Primary sources