Updated on July 11th, 2022
A New Mexico warranty deed is a real estate transfer document in which a seller (grantor) conveys 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 that occurred during their or a previous grantor’s ownership.
- Statutes: § 47-1-29 & § 47-1-44(1)
- Formatting: Not mentioned in state statutes; however, the County Clerk may impose local formatting requirements.
- Signing Requirements (§ 14-8-4): Notary Public
- Where to Record (§ 14-9-1): County Clerk’s Office
- Recording Fees (§ 14-8-15): $25
- Homeowners’ Association Disclosure Certificate Request (§ 47-16-11): Used to request a disclosure certificate that, once received, must be delivered to the grantee no later than seven (7) days prior to the transfer date (only required if selling a lot that is subject to the Homeowners’ Association Act).