New Mexico Deed Forms

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New Mexico Deed Forms

A New Mexico deed is a legal instrument used in real estate transactions to transfer a property’s title from one owner to another. Included in each deed will be the name of the grantor (seller/transferor), name of the grantee (buyer/transferee), a legal property description, and the consideration ($) paid (or wording identifying the property as a gift). Depending on the chosen deed type, the document may also contain warranties protecting the grantee against defects in the property’s title (e.g., judgments, liens).

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Last updated May 14th, 2025

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A New Mexico deed is a legal instrument used in real estate transactions to transfer a property’s title from one owner to another. Included in each deed will be the name of the grantor (seller/transferor), name of the grantee (buyer/transferee), a legal property description, and the consideration ($) paid (or wording identifying the property as a gift). Depending on the chosen deed type, the document may also contain warranties protecting the grantee against defects in the property’s title (e.g., judgments, liens).

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An original deed must bear the grantor’s notarized signature and be recorded at the County Clerk’s Office (the clerk will collect a recording fee of $25).

Contents

Types (5)

Deed of Trust – Transfers a property’s title from a home buyer (grantor) to a third party (trustee) to hold onto as loan security. The title is returned to the grantor upon repayment to the loan provider (beneficiary).

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Quit Claim Deed – Conveys ownership with no promises or warranties regarding the property’s title (the grantee assumes the risk of potential title encumbrances).

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Special Warranty Deed – Contains a limited warranty that protects the grantee against title encumbrances caused by the grantor.

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Transfer on Death Deed – Allows the grantor to designate beneficiaries for their property. Once the grantor passes away, the property transfers to the beneficiaries without probate.

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Warranty Deed – Known in most other states as a “general warranty deed,” this document protects the grantee against title encumbrances caused by the grantor and all previous owners of the property.

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