Get New Mexico Warranty Deed From Husband And Wife To Corporation

A New Mexico warranty deed is a real estate transfer document in which a seller (grantor) conveys property rights to a buyer (grantee) and warrants that no encumbrances or other issues cloud the property title.

A New Mexico quitclaim deed form transfers real estate with no warranty of title. The current owner makes no covenants of warranty, and the new owner bears all the risk of unknown problems with the property's title.

A warranty deed promises that the grantor holds good, clear title to a piece of real estate. It promises also that the grantor has the right and authority right to sell it to the grantee or buyer. A quitclaim deed, on the other hand, makes no promises about the quality of the title to the property.

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.

A New Mexico quit claim deed is a legal form that can be used to convey real property, or land and buildings, from a seller (grantor) to a buyer (grantee). A quitclaim is different from a warranty deed because it comes with no guarantee. Instead, the grantor is only selling whatever interest he may own in the property.

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.

The quitclaim deed, also called a non-warranty deed, offers the grantee the least amount of protection. This type of deed conveys whatever interest the grantor currently has in the property—if any. No warranties or promises regarding the quality of the title are made.

Trust- You can have an attorney create a trust and then deed the property to the trust and make your adult child or whomever you chose the beneficiary of the trust upon your death. For minor children this is the best legal option.