A long-term lease of land only, under which the tenant constructs and owns improvements on the land for the lease duration, with improvements reverting to the landlord upon expiration. New Mexico's balanced legal climate creates specific considerations for GLA drafting and enforcement.
Analyze Your GLA Free →New Mexico enforces non-competes when reasonable in scope, though courts disfavor them as restraints on trade.
New Mexico courts apply strict scrutiny and have voided many non-competes as overbroad.
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