Property relations have become a part of our everyday life. To make this essential part of our lives easier, New Mexico has introduced a few forms for its residents that they have to complete to keep these relationships legal. One of these forms is the New Mexico Quitclaim Deed Form. Let us take a closer look at the deed form in our guide.
The New Mexico Quitclaim Deed Form allows one party of the estate transferring process to announce interest over the other party’s estate. The issue with filing this form is that you do not have any guarantee that the former property owner played a fair game. Therefore, close relatives or partner companies utilize this exact form to resolve their mutual property matters.
If you don’t know your estate transfer process partner well enough, it might be good to complete an estate or title search. Such a precaution can protect you from fraud and possible legal issues.
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You can find all the laws and legal requirements protecting participants of the estate transfer process in the New Mexico Statutes (2011), specifically in Chapter 47 and its numerous sections (for example, Section 47-1-30 or Section 47-1-44).
Following the New Mexico Revised Statutes, these are the legal requirements that givers and recipients must meet to make their form lawful and valid.
As stated in Section 47-1-44 of the 2011 New Mexico Statutes, a notary public has to be present while parties of the estate transfer process sign the completed form. Once givers and recipients sign the form, a notary certifies it by attaching a notary seal.
The completed New Mexico Quitclaim Deed Form must be recorded at the local County Clerk’s Office. Without this, the form can’t be considered legal.
Recipients and givers have to pay a filing fee to record their deed form at the New Mexico County Clerk Office They can also ask all their questions there.
You can use our form-building software to download a free fillable quitclaim deed form. You don’t have to possess sophisticated computer skills to use it as it has a very clear interface.
You also have an option to complete the deed form on your own with the assistance of detailed instructions below. No specific education or skills are required for this.
1. Give the Information on the Recipient
Type the name of the person preparing the form and the name and the correct address of the person who will receive the completed forms after all necessary signatures are collected (this is the same person acting as the recipient). Don’t forget to register the recipient’s mailing address.
2. Provide the Legal Description of the Estate
Register the legal description of the estate, mentioning its correct address, tax number, parcel ID number, and information from the previous deed book referring to the previous estate’s data. Write down the name of the book, document number, exact page, and the recorder’s data.
Also, type in the giver’s full legal name in this section.
3. Append Witnesses’ Signatures
Type the tax year in which taxes of the form completion will be divided between recipients and givers. After that, the giver has to state the date of establishing the tax year date.
Enter the names and provide signatures of witnesses present during the form signing.
4. Get a Form Verification from a Notary
A notary must type the name of the County where the estate transfer process is taking place. They also need to state the date of the form verification, their name, and the giver’s name.
After that, a notary needs to state the name of the county and their name once again. Then, they should register the commission expiration date and address where the participants will send tax statements.
We provide a variety of essential New Mexico templates to anybody in quest of simplicity when handling various agreements, contracts, and other paperwork.
Other Quitclaim Deed Forms by State