What is a personal representative deed in New Mexico?

A PR appointed informally by the Probate or District Court has legal authority to sell real property and to transfer title to it via a ?Personal Representative's Deed? from the estate to the new owner(s). It is the PR's job to have this deed prepared, signed, acknowledged before a notary public, and properly recorded.

US Legal Forms
Localized Forms
New Mexico
Albuquerque
New Mexico Warranty Deed for Parents to Child with Reservation of Life...

Albuquerque New Mexico Warranty Deed for Parents to Child with Reservation of Life Estate

Name: Albuquerque New Mexico Warranty Deed for Parents to Child with Reservation of Life Estate
Brand: US Legal Forms
Rating: 4.79 (355 reviews)

Category:

New Mexico Real Estate - Deeds - Warranty

State:

New Mexico

City:

Albuquerque

Control #:

NM-SDEED-2

Format:

Instant download

Description

This form is a Warranty Deed where the grantor(s) retains a life estate in the described property.

Marketing Agreement with Cooperative Assoc...

View this form

Chapter 13 Plan

View this form

How to fill out Albuquerque New Mexico Warranty Deed For Parents To Child With Reservation Of Life Estate?

If you’ve already used our service before, log in to your account and download the Albuquerque New Mexico Warranty Deed for Parents to Child with Reservation of Life Estate on your device by clicking the Download button. Make sure your subscription is valid. If not, renew it according to your payment plan.

If this is your first experience with our service, adhere to these simple actions to get your document:

Make sure you’ve located the right document. Read the description and use the Preview option, if available, to check if it meets your needs. If it doesn’t fit you, utilize the Search tab above to find the appropriate one.
Purchase the template. Click the Buy Now button and choose a monthly or annual subscription plan.
Register an account and make a payment. Use your credit card details or the PayPal option to complete the purchase.
Obtain your Albuquerque New Mexico Warranty Deed for Parents to Child with Reservation of Life Estate. Select the file format for your document and save it to your device.
Fill out your sample. Print it out or take advantage of professional online editors to fill it out and sign it electronically.

You have regular access to each piece of paperwork you have bought: you can find it in your profile within the My Forms menu whenever you need to reuse it again. Take advantage of the US Legal Forms service to rapidly find and save any template for your individual or professional needs!

Form Rating

4.79

Satisfied(355)

Form popularity

FAQ

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.

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.

The law in New Mexico allows an owner of real property (land or house) to transfer that property to another person (grantee beneficiary) through the use of a Transfer on Death Deed (TODD).

Warranty Deed in New Mexico 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.

A PR appointed informally by the Probate or District Court has legal authority to sell real property and to transfer title to it via a ?Personal Representative's Deed? from the estate to the new owner(s). It is the PR's job to have this deed prepared, signed, acknowledged before a notary public, and properly recorded.

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.

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.

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.

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.

More info

For comment, "Survey of New Mexico Law: Property Law," see 15 N.M.L. Rev. Entities employed to own investment real estate in a tax efficient manner?Completing such an exchange can be a lengthy and complicated process. Albuquerque NM 87185-5400. NOTE: In sealed bid solicitations "offer" and "offeror" mean "bid" and "bidder''. SOLICITATION. 9. He and his bride are the parents of seven beautiful children. Angelina was born at New Orleans and her parents were from Mexico and Texas respectively. A. Realities of Navajo Nation life. The Navajo Nation, home of the largest Native American tribe in the. We spent much of the year settling up Mother's estate.

Albuquerque New Mexico Warranty Deed for Parents to Child with Reservation of Life Estate

Description

Related forms

Viewed forms

How to fill out Albuquerque New Mexico Warranty Deed For Parents To Child With Reservation Of Life Estate?

Show more info

Form Rating

Form popularity

FAQ

What is a warranty deed in New Mexico?

What is another name given to a special warranty deed?

Does New Mexico allow transfer on death deeds?

How do I get a warranty deed in New Mexico?

What is a personal representative deed in New Mexico?

What is a special warranty deed in New Mexico?

How do you transfer ownership of a house in New Mexico?

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

Who benefits the most from a warranty deed?

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

More info

Trusted and secure by over 3 million people of the world’s leading companies