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New Mexico bonds

New Mexico — Right Of Way Or Water Lease Damage Bond

Have the written right-of-way or water-lease requirement available before ordering this damage bond. The State Land Office's right-of-way application distinguishes improvement-damage security from produced/treated water-line reclamation. The word “water” alone does not identify the correct instrument.

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Recorded state
New Mexico
Bond type
Right-of-Way / Street Work Bond
Category
Contractors & construction

What this bond does

Match a specific New Mexico lease-related damage-security request to the offered bond. The exact water-lease programme and accepted form for this listing have not been established, so a neighboring right-of-way requirement should not be applied automatically.

Who needs it
A proposed lessee or grantee, or an authorized agent arranging security for a named right-of-way or water lease. Confirm the requesting office, lease type, legal principal, and land involved before using the Propeller application.
Who it protects
The accepted damage-bond form determines the improvements and obligations secured. A damage listing should not be treated as proof of reclamation coverage, water-use authorization, or permission to begin construction.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Identify the lease and security request

If the request is for an NMSLO right-of-way easement, its May 2025 packet lists $5,000 single-easement and $25,000 blanket improvement-damage security. Those are the packet's right-of-way arrangements, not verified universal amounts for every water lease.

The same packet separately lists produced/treated water-line reclamation security of $25,000 single or $250,000 blanket. Obtain the requested wording and confirm the activity; do not enter a reclamation amount in a damage-bond application simply because water is involved.

Confirm this offering's form before applying

Provide the requesting authority's full name, lease or application reference, proposed use, legal principal, required amount, and requested bond form. Ask whether the security is single-lease or blanket and whether an existing bond number can be used.

Once the offered instrument is confirmed, continue through Propeller and file the issued document using the authority's instructions. For an NMSLO right-of-way easement, the Commissioner must sign before construction begins. Other water-lease approvals must be confirmed with their own requesting office.

Sources

Have these ready

  1. Obtain the actual lease-related damage-bond request and form.
  2. Identify the land, proposed use, authority, applicant, and lease reference.
  3. Separate damage security from any produced/treated water-line reclamation requirement.
  4. Confirm the offered form, amount, coverage arrangement, dates, and filing instructions before ordering.

Questions about this bond

Does every water lease require the right-of-way packet's $5,000 bond?

That has not been established. The packet's $5,000 entry is single right-of-way improvement-damage security. Confirm the exact water-lease programme and accepted instrument for your request.

Is this the same as a produced-water reclamation bond?

Do not assume so. NMSLO lists improvement-damage and produced/treated water-line reclamation security separately, with different single and blanket amounts.

Does receiving the bond authorize the lease activity?

No. Submit it for the authority's review and obtain the separate lease or permit approval. NMSLO right-of-way construction specifically requires the Commissioner's signed easement.

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