That is true, abstractors are not that fortunate - most of them, anyway. However, New Mexico does have a statutory lien for abstractors.
§ 48-4-1. Lien on real estate
Every bonded abstracter or abstract company, doing business in compliance with the provisions contained in Sections 51-1301 and 51-1302, 1941 Comp. Statutes, who shall hereafter compile and furnish any abstract or continuation of abstract, of title to any real estate at the request of the owner thereof, or his authorized agent, shall have a lien on said real estate for the amount due for compiling and furnishing such abstract of title and for all costs incurred in enforcing such lien, including cost of the preparation of claim of lien.
I wonder, though, how many abstractors in New Mexico actually know about it.
Best,
Robert A. Franco
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