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Warranty Deed from Husband and Wife to Corporation - New Mexico

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The document is a Warranty Deed in which a husband and wife (the Grantors) transfer property ownership to a corporation (the Grantee) for a nominal consideration of ten dollars. It includes legal descriptions of the property, outlines the rights and responsibilities of both parties, and specifies that the Grantors warrant clear title to the property, free from encumbrances. The deed also addresses tax responsibilities and includes sections for notarization.

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Do I need a lawyer to add someone to my deed?

Youd talk to a real estate lawyer. Also talk to an accountant (as well as the lawyer) to make sure that adding someone on the deed will accomplish what you want.

Can you add a name to a warranty deed?

For example, a quitclaim deed would be used for a name change on a warranty deed, such as to add a new spouse or a child to the title, or to remove the name of a spouse following a divorce. A quitclaim deed also can be used to correct mistakes.

Can I add a spouse to a deed without refinancing?

No, you can not add anyone to a mortgage without refinancing. Exactly why do you want to burden your new wife with a mortgage?

How much does it cost to add a spouse to a deed?

At the time your quitclaim deed is recorded, you will need to pay a filing fee and any reassessed property taxes based on the change in ownership. The filing fee should be minimal, under $100, with most states charging under $50. The cost will depend upon your county and state.

How do I add my wife to my warranty deed?

The simplest way to add a spouse to a deed is through a quitclaim deed. This type of deed transfers whatever ownership rights you have so that you and your spouse now become joint owners. No title search or complex transaction is necessary. The deed will list you as the grantor and you and your spouse as grantees.

When a corporation transfers ownership of property the deed must be signed?

0:18 2:05 It proves ownership and gets updated when property changes hands when a corporation transfersMoreIt proves ownership and gets updated when property changes hands when a corporation transfers property. They sign a deed this deed needs to be as official as a referees whistle.

Can two people be on a warranty deed?

Entire (100%) by Seller If there are more than one grantee (besides husband and wife), this is considered tenancy in common. Each party owns an equal interest unless otherwise stated. A tenants in common interest can be sold or devised in a Will.

How do I transfer a deed in New Mexico?

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.

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