New Mexico Sample Letter for Warranty Deed - Recordation in Courthouse
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How to fill out Sample Letter For Warranty Deed - Recordation In Courthouse?
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FAQ
A special warranty deed is a type of legal document used to transfer New Mexico real estate from one person to another. In a special warranty deed, the seller, also known as the grantor, transfers the property with special warranty covenants.
New Mexico law requires Form RPTDA when a deed transfers residential real estate to a new owner. A completed Form RPTDA must be signed by the current owner, new owner, or authorized agent and filed with the county assessor within 30 days after the deed is recorded.
To record a document such as a deed, mortgage, water rights, lien or other you must: Bring the document in person to the Clerks Office or send by mail: Documents must be original (all required seals and signatures) Notary Information must be complete signature, date, seal, and expiration date is required.
Cons: Fewer protections for buyers, who are now responsible for addressing any previous liens or claims for the property. Lenders and title companies may refuse to help buyers secure financing or title insurance for a property sold under special warranty.
A deed transferring New Mexico real estate must be filed with the county clerk for the county where the real estate is located. New Mexico charges a flat fee of $25.00, payable to the county clerk, to record a deed.
A special warranty deed is a deed to real estate where the seller of the property?known as the grantor?warrants only against anything that occurred during their physical ownership.
How to Write (1) Authorized New Mexico Filing Recipient. ... (2) New Mexico Grantor Name. ... (3) New Mexico Grantee Name. ... (4) New Mexico County Of Real Property. ... (5) Legal Description Of New Mexico Property. ... (6) Relevant Years. ... (7) Date Of New Mexico Conveyance. ... (8) New Mexico Grantor Signature.
Expert-Verified Answer. The statement that is TRUE regarding a special warranty deed is option A The grantor's warranties are limited to the time the grantor owned the property.
