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To transfer a mobile home title in New Mexico, you must first complete the necessary forms provided by the New Mexico Department of Taxation and Revenue. Both buyer and seller must sign the title transfer document, affirming the sale of the mobile home. Remember to submit the form along with any required fees to properly transfer ownership.
To obtain a sale and purchase agreement you'll need to contact your lawyer or conveyancer or a licenced real estate professional. You can also purchase printed and digital sale and purchase agreement forms online.
Proof of a valid New Mexico vehicle insurance policy (if you don't have an NM vehicle insurance policy yet, you need to complete a title-only application) Proof of identity. 2 documents proving your residency in New Mexico. Payment for the vehicle titling and registration fees.
How to Draft a Sales ContractIdentity of the Parties/Date of Agreement. The first topic a sales contract should address is the identity of the parties.Description of Goods and/or Services. A sales contract should also address what is being bought or sold.Payment.Delivery.Miscellaneous Provisions.Samples.
Paperwork needed: Title (must have), Bill of sale (must have), New Mexico Title Application (must have), Manufactured Home Tax Status Certification (must have signed by county treasurer.) Notary is not needed. One title per mobile home; a single-wide and double-wide will have 1 title.
Your sale and purchase agreement should include the following:Your name(s) and the names of the seller(s).The address of the property.The type of title (for example, freehold or leasehold).The price.Any deposit you must pay.Any chattels being sold with the property (for example, whiteware or curtains).More items...
Paperwork needed: Title (must have), Bill of sale (must have), New Mexico Title Application (must have), Manufactured Home Tax Status Certification (must have signed by county treasurer.) Notary is not needed. One title per mobile home; a single-wide and double-wide will have 1 title.
However, there are some basic items that should be included in every purchase agreement.Buyer and seller information.Property details.Pricing and financing.Fixtures and appliances included/excluded in the sale.Closing and possession dates.Earnest money deposit amount.Closing costs and who is responsible for paying.More items...?
Writing a real estate purchase agreement.Identify the address of the property being purchased, including all required legal descriptions.Identify the names and addresses of both the buyer and the seller.Detail the price of the property and the terms of the purchase.Set the closing date and closing costs.More items...