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The County Clerk’s Office where the property is located will provide formatting guidelines and handle the recording of deeds of trust.[1] The deed must be notarized before recording.[2]
A New Mexico deed of trust is a financing instrument that assigns a real estate title to a trustee to keep until a loan has been repaid from the property owner to the lender. A trust deed contains a power of sale clause that allows the trustee to foreclose on the property out of court should the owner default on their payments.
A New Mexico deed of trust is a financing instrument that assigns a real estate title to a trustee to keep until a loan has been repaid from the property owner to the lender. A trust deed contains a power of sale clause that allows the trustee to foreclose on the property out of court should the owner default on their payments.
The County Clerk’s Office where the property is located will provide formatting guidelines and handle the recording of deeds of trust.[1] The deed must be notarized before recording.[2]