Manzano Industries, Inc. v. Mathis, 101 N.M. 104, 678 P.2d 1179 (N.M. 1984)
Legal information, not legal advice. Verify against the cited opinion.
- Citation: 101 N.M. 104, 678 P.2d 1179 (1984)
- Court / Year: Supreme Court of New Mexico, 1984
- Topic tags: forfeiture · remedies
- Facts: A real estate contract dispute in which the buyer had paid a large down payment and then defaulted; the buyer urged that forfeiting the down payment was unconscionable.
- Holding: Forfeiture enforced. The forfeiture of a large down payment does not shock the conscience of the court in every case; the amount of the forfeited down payment is only one factor for the trial court to weigh.
- Reasoning: Applies the equitable shock-the-conscience standard but declines to make a sizable down payment automatically determinative; the trial court has discretion weighing all the equitable factors.
- Practical impact for CFD operators/buyers: The “forfeiture-enforced” counterweight to Huckins; later quoted in Russell and Buckingham for the proposition that a large down payment alone is not dispositive.
- Good-law status: Good law; cited in Russell and Buckingham.
- Source (retrieved): https://static.case.law/nm/101/cases/0104-01.json · Verified: 2026-06-08
Jurisdictions that follow / cite: new-mexico
Disclaimer. Legal information, not legal advice. Confirm the opinion is still good law before relying on it.