Contract disputes are a common, yet often complex, challenge for businesses and individuals alike. While many focus on breach of contract, a more subtle and equally impactful area of conflict lies in contract interpretation. In New Mexico, understanding how courts interpret contractual language can be the difference between winning and losing a dispute, protecting your assets, or facing significant liabilities. The Bedrock of Disputes: Why Interpretation Matters At its core, a contract is an agreement. But what happens when parties have different understandings of what that agreement entails? This is where contract interpretation comes in. It’s the process by which courts determine the meaning of the terms and conditions in a contract. A dispute over interpretation isn't about whether one party performed; it's about what performance was actually required. Misinterpretations can lead to: ➡️ Financial losses due to unexpected obligations. ...