Warranty Deed for Husband and Wife Converting Property from Tenants in Common to Joint Tenancy - New Mexico 2025

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As with any conveyance of realty, a warranty deed requires a complete legal description of the parcel. Recite the prior deed reference to maintain a clear chain of title, and detail any restrictions associated with the property. Finally, it must meet all state and local standards for recorded documents.
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.
The warranty deed should include all the important details surrounding the real estate transaction (names of people involved, appropriate signatures, description of the property, etc.).
Requirements Document must be the original or a court certified copy. Property must be identified with a Grantor (seller) and Grantee (buyer). On Deeds the grantor must sign the document. Street address will not be accepted. Notary information must be complete.
To change from joint tenancy to tenants in common, you need to modify the deed and update the ownership structure. California law allows unilateral severance of joint tenancy by recording a deed transfer. Proposition 19 can affect tax reassessment when ownership interest is transferred in California.
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How to fill out a New Mexico warranty deed: Obtain a blank New Mexico warranty deed form. Begin by filling in the names of the grantor (current owner) and the grantee (new owner) in the appropriate spaces provided. Include the legal description of the property being transferred.
Joint tenancy is a form of co-ownership where two or more individuals share equal ownership rights to a property. Each owner has an undivided interest in the property, and if one owner passes away, their share automatically transfers to the surviving owner(s).

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