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Prepared by U.S. Legal Forms, Inc. Copyright 2005 U.S. Legal Forms, Inc. STATE OF NEW MEXICO WARRANTY DEED Trust to One Individual Control Number NM SPEED 8-9 — Warranty Deed — Page 1 — NOTES
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How to fill out new mexico special warranty deed form
How to fill out a New Mexico warranty deed:
01
Obtain a blank New Mexico warranty deed form. This form can usually be found online or through your local county clerk's office.
02
Begin by filling in the names of the grantor (current owner) and the grantee (new owner) in the appropriate spaces provided.
03
Include the legal description of the property being transferred. This information can typically be found on the property's existing deed or through the county assessor's office.
04
State the consideration, or payment, being exchanged for the property transfer. This can be monetary, property, or other valuable consideration.
05
Indicate any encumbrances or liens on the property, such as mortgages or easements. These should be disclosed to the grantee.
06
Sign and date the warranty deed, with both the grantor and grantee's signatures required. It's advisable to have this document notarized for authentication.
07
After completing the deed, record it with the county clerk's office in the county where the property is located. This step is crucial to make the transfer of ownership legally binding and publicly documented.
Who needs a New Mexico warranty deed:
01
Individuals or entities who are selling or transferring real property in New Mexico.
02
Buyers or recipients of property in New Mexico who want a legally valid document proving their ownership.
03
Lenders or banks that require a warranty deed as part of a mortgage or loan agreement for property in New Mexico.
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People Also Ask about warranty deed nm
What is a warranty deed in New Mexico?
A warranty deed comes with a guarantee from the grantor, or seller, that the grantor owns the property outright, the grantor has the legal authority to sell the property, and there are no other claims against the property other than what is disclosed (such as easements, restrictions, etc.).
How do I get a copy of a deed in New Mexico?
For official copies of documents, please visit the Bernalillo County Clerk's office located at 415 Silver Ave. SW, 2nd Floor, Albuquerque NM or call (505) 468-1290, and choose option 2 for Customer Service.
What do you need for a deed in New Mexico?
A New Mexico deed is used to legally convey real estate between parties in New Mexico. In order to transfer property, with a deed, you will need the names of the seller, or grantor, the names of the buyer, or grantee, the legal description of the property and an acknowledgment by a notary public.
How do I transfer a warranty deed in New Mexico?
New Mexico law requires Form RPTDA when a deed transfers residential real estate to a new owner. A completed Form RPTDA must be signed by the current owner, new owner, or authorized agent and filed with the county assessor within 30 days after the deed is recorded.
How to fill out warranty deed form New Mexico?
How to Write (1) Authorized New Mexico Filing Recipient. (2) New Mexico Grantor Name. (3) New Mexico Grantee Name. (4) New Mexico County Of Real Property. (5) Legal Description Of New Mexico Property. (6) Relevant Years. (7) Date Of New Mexico Conveyance. (8) New Mexico Grantor Signature.
What is needed for a warranty deed in New Mexico?
A New Mexico special warranty deed is a legal document used to convey real estate in New Mexico. The deed must include the name of the grantor and the grantee as well as a legal description of the property. The deed must be recorded with the county clerk's office in the county where the property is located.
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What is special warranty deed new?
A special warranty deed is a type of legal document that conveys property from one party to another, guaranteeing that the grantor has not encumbered the property during their ownership and that they can only warrant against claims that arose during their period of ownership.
Who is required to file special warranty deed new?
Typically, the grantor (the person transferring the property) is required to file the special warranty deed with the appropriate local government office to officially document the transfer of property.
How to fill out special warranty deed new?
To fill out a special warranty deed, you need to include the names of the grantor and grantee, a legal description of the property, the date of the transfer, any applicable consideration (payment), and the grantor's signature, along with a notary acknowledgment.
What is the purpose of special warranty deed new?
The purpose of a special warranty deed is to provide a limited guarantee from the grantor to the grantee, ensuring that the property is free from claims or actions taken by the grantor during their ownership, but not for any issues arising before that period.
What information must be reported on special warranty deed new?
The information that must be reported includes the grantor's and grantee's names, a legal description of the property, details of the transaction, the date of the signing, and the signatures of the parties involved along with notarization.
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