The New Mexico Affidavit Regarding the Identity of a Granter and Grantee of Real Property is a legal document used in real estate transactions to confirm the identity of both the granter (seller) and grantee (buyer) of a property. This is an important document as it provides assurance to all parties involved that the individuals identified in the transaction are valid and legally entitled to conduct the sale or purchase of real property. The affidavit serves as a sworn statement or declaration by the granter and grantee, affirming their identities and acknowledging their responsibility for the accuracy of the information provided. It is typically required by title companies or lenders during the closing process to ensure proper identification and to minimize the risk of fraud or mistakes in the transaction. The document generally includes specific details about the granter and grantee, such as their full legal names, addresses, and contact information. Additionally, it may require the individuals to present valid identification documents, such as driver's licenses or passports, to further verify their identities. There may be different types of New Mexico Affidavits Regarding the Identity of a Granter and Grantee of Real Property based on the specific purpose or circumstances of the transaction. For example, in cases where one or both parties are represented by an attorney, there could be a specific affidavit tailored to attorney representation. Another type of affidavit may be used when the granter or grantee is a legal entity, such as a corporation or trust. It is crucial to accurately complete the New Mexico Affidavit Regarding the Identity of a Granter and Grantee of Real Property as any incorrect or false information could lead to legal complications or potentially result in the invalidation of the real estate transaction. It is advisable to consult with a legal professional or a real estate attorney to ensure the proper completion of this document in compliance with the laws and regulations of New Mexico.