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New Mexico Warranty Deed from Husband and Wife to LLC

Albuquerque New Mexico Warranty Deed from Husband and Wife to LLC

Name: Albuquerque New Mexico Warranty Deed from Husband and Wife to LLC
Brand: US Legal Forms
Rating: 4.86 (457 reviews)

Category:

New Mexico Real Estate - Deeds - Warranty

State:

New Mexico

City:

Albuquerque

Control #:

NM-09-78

Format:

Instant download

Description

This Warranty Deed from Husband and Wife to LLC form is a Warranty Deed where the grantors are husband and wife and the grantee is a limited liability company. Grantors convey and warrant the described property to grantee less oil, gas and minerals to which grantors reserve the right.

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FAQ

The buyer, or grantee, of a property benefits the most from obtaining a warranty deed. Through the recording of a warranty deed, the seller is providing assurances to the buyer should anything unexpected happen.

Special warranty deeds go by many names in different states, including covenant deed, grant deed, and limited warranty deed. The guarantee covers only the period when the seller held title to the property with a special warranty deed.

A special warranty deed is more limited than a general warranty deed, and it only warrants that title is free and clear from other claims during the time period of the grantor's ownership. It does not offer any protection for claims arising prior to the grantor's ownership.

A New Mexico special warranty deed is a legal document used to convey real estate in New Mexico. The deed must include the name of the grantor and the grantee as well as a legal description of the property. The deed must be recorded with the county clerk's office in the county where the property is located.

A quitclaim deed does not make any representations or guarantees as to the validity of such title, interest, or claim. Warranty deed: an instrument of real property conveyances that transfers the title of property from the grantor to another party.

A warranty deed must be notarized and filed with the city or county records office of its location and delivered to the grantee at closing. All deed transfers of New Mexico property also require a Real Property Transfer Declaration Affidavit, detailing the sales transaction.

B. The general warranty deed provides the buyer with the greatest protection. A bargain and sale deed carries no warranties against liens or other encumbrances, but assures that the grantor has the right to sell or convey the property.

12. Who benefits the most from recording a warranty deed? D. Explanation: The grantee is the one who has acquired an interest in the land, and she is the one who benefits the most from recording the deed to provide constructive (legal) notice of that interest.

A special warranty deed provides assurance that the property's seller owns the property in question and has not faced any title issues during this ownership. A special warranty deed guarantees that the buyer won't face any legal action or title issues as a result of the actions of the property's previous owner.

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Note, the Agreement and the Warranty Deed, Plaintiff Phoenix. And Recreation Department, Albuquerque, New Mexico.Case opinion for NM Court of Appeals JOHNNY GABRIELE v. A quitclaim deeds affects only how the property is titled. It has no effect on the debts or loan obligations of both husband and wife. Looking for a retirement community in Albuquerque? Looking for a retirement community in Albuquerque? Find your new home at Pulte Homes, one of the nation's largest homebuilders. Check out 82 dealership reviews or write your own for Rocky Mountain Auto LLC in Albuquerque, NM. Separate property in the names of the husband and wife, creates a joint tenancy, not community property.

Albuquerque New Mexico Warranty Deed from Husband and Wife to LLC

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FAQ

Who benefits the most from a warranty deed?

What is another name given to a special warranty deed?

What is the difference between a general warranty deed and a special warranty deed in Texas?

What is a special warranty deed in New Mexico?

Does quitclaim deed include warranties and representations?

How do I transfer a warranty deed in New Mexico?

Which deed provides the greatest protection for the seller?

Who benefits the most from recording a warranty deed?

What may be a reason that a special warranty deed is being issued for this transaction?

Interesting Questions

What is a warranty deed?

Why would a husband and wife transfer property to an LLC?

Who are the parties involved in a warranty deed from husband and wife to LLC?

What information is required in a warranty deed?

Does a warranty deed guarantee that the property title is clear?

Are there any taxes or fees associated with transferring property through a warranty deed?

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Albuquerque New Mexico Warranty Deed from Husband and Wife to LLC

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