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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.
general Warranty Deed prepared for $195 There is no fee for your call. Or email him at scott@texaspropertydeeds.com.
A deed must clearly state the intent to create a joint tenancy. A New Mexico deed creates a joint tenancy if it transfers property to two or more owners as joint tenants, or to the survivors of them and the heirs and assigns of the survivor, or with right of survivorship.
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.
Although the deed describes above conveys \u201ca fee simple estate in real property with a covenant of general warranty,\u201d section (b) of the statute says that a \u201ccovenant of warranty is not required in a conveyance.\u201d This means that other forms of deeds\u2014like special warranty deeds or quitclaim deeds or deeds without ...
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These deeds include: Special warranty deeds\u2014also known as grant deeds, covenant deeds, statutory warranty deeds, or limited warranty deeds\u2014which limit the warranty to the period when the grantor owned the property; and. Quitclaim deeds\u2014also known as quit claim deeds\u2014which provide no warranty of title.
A warranty deed, also known as a general warranty deed, is a legal real estate document between the seller (grantor) and the buyer (grantee).
A general warranty deed is used to transfer real property from one person to another. This type of deed offers the greatest protection for the buyer and has specific requirements for what must be included in the document. by Brette Sember, J.D. updated April 28, 2022 · 2min read.
While the seller in a Warranty Deed must defend the title against all other claims and compensate the buyer for any unsettled debts or damages, the seller in a Special Warranty Deed is only responsible for debts and problems accrued or caused during his ownership of the property.
To make the form legally binding, you must sign it in front of a notary public. You must then file your signed and notarized deed with the county office that's in charge of recording property documents. Once the grantee signs the warranty deed, he/she legally has ownership and claim to the property.

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