A Quitclaim Deed, specifically in Las Cruces, New Mexico, is a legal document that transfers the ownership interest of a property from a corporation to a husband and wife. This type of deed is commonly used when a company or corporation decides to transfer property ownership to a married couple. The deed ensures the transfer of both the corporation's rights and interests in the property to the couple, legally establishing their joint ownership. This particular type of quitclaim deed signifies the conveyance of property rights solely from a corporation to a husband and wife, excluding any other individuals or entities. It is important to note that while a quitclaim deed transfers the corporation's interests, it does not guarantee the absence of any liens or claims against the property. It only guarantees the corporation's release or "quitclaim" on their interests, leaving it up to the buyer to perform due diligence to ensure a clear title. There may be certain variations or subtypes of Las Cruces New Mexico Quitclaim Deeds from Corporation to Husband and Wife, depending on specific circumstances or additional considerations. Some potential types may include: 1. Simple Las Cruces New Mexico Quitclaim Deed from Corporation to Husband and Wife: This is a standard quitclaim deed used when a corporation transfers property ownership to a husband and wife without any restrictions or additional provisions. 2. Special Warranty Las Cruces New Mexico Quitclaim Deed from Corporation to Husband and Wife: This type of deed, in addition to transferring property ownership, provides a limited warranty against any defects or claims arising only during the corporation's ownership. 3. Enhanced Life Estate Las Cruces New Mexico Quitclaim Deed from Corporation to Husband and Wife: This form of deed may be used when the corporation intends to transfer the property to a married couple while reserving specific rights or interests in one or both parties, usually relating to the duration of ownership or use.