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New Mexico Deeds

Deeds are essential documents for transferring property ownership. Our templates are easy to complete and attorney-drafted for your convenience.

intro Deeds

Common New Mexico Deed documents

  • Warranty Deed — Transfers property with guarantees about the title's validity.
  • Quitclaim Deed — Transfers whatever interest the grantor has, without warranties.
  • Grant Deed — Ensures the grantor has not sold the property to anyone else.
  • Special Warranty Deed — Provides limited warranties for the property’s title.
  • Executor’s Deed — Used by an executor to transfer property from an estate.

Similar documents: key differences

  • Warranty Deed vs. Quitclaim Deed — Warranty deeds provide guarantees, while quitclaim deeds do not.
  • General Warranty Deed vs. Special Warranty Deed — General warranties cover the entire ownership period; special warranties are limited to the grantor's time.
  • Deed of Trust vs. Mortgage — A deed of trust involves a third-party trustee, whereas a mortgage directly involves a lender.
  • Transfer-on-Death Deed vs. Will — A transfer-on-death deed passes property automatically at death, while a will requires probate.

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FAQs

Yes, a deed is typically required to legally transfer ownership of property.

Failing to record a deed may lead to disputes over property ownership.

Update your deeds whenever there is a change in ownership or marital status.

Generally, a new deed must be executed to change ownership details.

Glossary

  • Deed - A legal document that transfers ownership of property.
  • Grantor - The person or entity transferring property ownership.
  • Grantee - The person or entity receiving property ownership.
  • Title - Legal right to ownership of a property.
  • Notarization - The process of having a document verified by a notary public.
  • Probate - The legal process of administering a deceased person's estate.
  • Property - Real estate or physical assets owned by an individual.
  • Executor - An individual appointed to administer a deceased person's estate.

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