New mexico contract 2026

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The document is an Annual Accounting form for a Seller in a Contract for Deed, detailing the payment status to the Buyer. It includes sections for reporting the total amount paid, remaining balance, number of payments left, amounts paid for taxes and insurance on behalf of the Buyer, any insurance proceeds received due to property damage, and changes in insurance coverage.

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Click ‘Get Form’ to open the New Mexico contract in the editor.
Begin by entering the recipient's name in the 'TO' field, ensuring accuracy for proper identification.
Specify the 'ACCOUNTING PERIOD' to indicate the timeframe for which you are providing the accounting.
In section (1), input the total amount paid under the contract. This reflects the buyer's payments made thus far.
For section (2), detail the remaining amount owed under the contract, providing clarity on outstanding balances.
Indicate in section (3) how many payments remain on the contract, helping both parties track payment obligations.
In section (4), list any amounts paid to taxing authorities on behalf of the purchaser, if applicable.
Section (5) requires you to note any insurance payments made for the property on behalf of the purchaser.
If there has been property damage and insurance proceeds were received, document this in section (6).
Finally, ensure a legible copy of any changed insurance coverage is attached as mentioned in section (7).
Sign and date at the bottom of the form to finalize your annual accounting report.

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