Albuquerque New Mexico Warranty Deed from Individual to a Trust

State:
New Mexico
City:
Albuquerque
Control #:
NM-015-77
Format:
Word; 
Rich Text
Instant download

Description

This form is a Warranty Deed where the grantor is an individual and the grantee is a trust. Grantor conveys and warrant the described property to trustee of trust less and except all oil, gas and minerals, on and under the property owned by Grantor, if any, which are reserved by Grantor. This deed complies with all state statutory laws.
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FAQ

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 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 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.

Residential Property Transfer Declaration Affidavit 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.

Use this form to leave your New Mexico real estate without probate. You retain ownership, responsibility, and control over the property during your life. After your death, ownership transfers to the beneficiary you name.

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.

Step 1. Determine and prepare the needed requirements for a title transfer. Deed of Conveyance.Photocopies of valid IDs of all signatories in the deed.The Notary Public's official receipt for the deed's notarization. Certified True Copy of the Title (3 copies)Certified True Copy of the latest Tax Declaration.

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.

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).

In New Mexico, you have to go to the County Clerk in the County in Which the Property is Located in order to perform a title search.

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Albuquerque New Mexico Warranty Deed from Individual to a Trust