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New Mexico Transfer on Death Deed - Individual to Two Individuals...

Transfer Death Deed

Name: New Mexico Transfer on Death Deed - Individual to Two Individuals Without Successor Beneficiaries
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.6 (368 reviews)

Category:

New Mexico Real Estate - Deeds - Transfer on Death

State:

New Mexico

Control #:

NM-02-83

Format:

Instant download

Description New Mexico Transfer Form

This form is a Beneficiary Deed where the Grantor is an individual and there are two Grantee Beneficiaries. There are NO named Successor Grantee Beneficiaries. Grantor conveys and transfers, upon Grantor's death, to the Grantee Beneficiaries as tenants in common. This Deed is not effective unless recorded prior to Grantor's death. This deed complies with all state statutory laws.

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How to fill out New Mexico Deed Form Blank?

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Transfer On Death Deed Texas Form Other Form Names

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Nm Transfer Death FAQ

Your deed won't be effective unless you recorded (filed) it in the local public records before your death. To get that done, take the signed deed to the land records office for the county in which the real estate is located. This office is commonly called the county recorder, land registry, or registrar of deeds.

States that allow TOD deeds are Alaska, Arizona, Arkansas, California, Colorado, District of Columbia, Hawaii, Illinois, Indiana, Kansas, Maine, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, Oklahoma, Oregon, South Dakota, Texas, Utah, Virginia, Washington, West Virginia,

If you'd like to avoid having your property going through the probate process, it's a good idea to look into a transfer on death deed. A transfer on death deed allows you to select a beneficiary who will receive your property, but only when you've passed away.

The California TOD deed form allows property to be automatically transferred to a new owner when the current owner dies, without the need to go through probate. It also gives the current owner retained control over the property, including the right to change his or her mind about the transfer.

Transfer Death Deed

Description New Mexico Transfer Form