Replace Text In Legal New Mexico Real Estate Closings Forms For Free

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.

Gift Deed for Real Estate Located in New Mexico. A gift deed, or deed of gift, is a legal document voluntarily transferring title to real property from one party (the grantor or donor) to another (the grantee or donee). A gift deed typically transfers real property between family or close friends.

A deed transferring New Mexico real estate must be filed with the county clerk for the county where the real estate is located. New Mexico charges a flat fee of $25.00, payable to the county clerk, to record a deed.

To record a document such as a deed, mortgage, water rights, lien or other you must: Bring the document in person to the Clerks Office or send by mail: Documents must be original (all required seals and signatures) Notary Information must be complete signature, date, seal, and expiration date is required.

New Mexico If the deed is a transfer of community property, both spouses must sign the deed, even if only one spouse is named as owner. A quitclaim deed costs $25 to file at the county clerk's office in addition to any costs associated with the notary public. There are no transfer taxes for deeds filed in New Mexico.

The law in New Mexico allows an owner of real property (land or house) to transfer that property to another person (grantee beneficiary) through the use of a Transfer on Death Deed (TODD).