A New Mexico general warranty deed is a legal document in which a seller (grantor) transfers property rights to a buyer (grantee) and warrants that no encumbrances or other issues cloud the property title. Through the promise of a clean and unencumbered title, the seller guarantees they acquired the property lawfully, that there are no issues that might threaten the buyer’s ownership, and that they will forever be liable for title issues occurring while they or any previous grantor held title. This deed’s guarantee is markedly different than the one provided in a special warranty deed, which only warrants the title against defects by the seller.
- Statutes: § 47-1-29 & § 47-1-44(1)
- Formatting: Deeds should have a margin of one and a half (1.5) inches on the top and bottom. Additional formatting requirements may be imposed locally by the County Clerk.
- Signing Requirements (§ 14-8-4): Notary Public
- Where to Record (§ 14-9-1): County Clerk’s Office
- Recording Fees (§ 14-8-15): $25