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New Mexico Contract for Deed
If a buyer who is interested in your property cannot qualify for conventional mortgage financing, you can assist by carrying part or all of the purchase price under this Contract for Deed (or Land Contract).
- Under the terms of this Contract, the seller effectively becomes the mortgage lender for the balance of the purchase money.
- Title will transfer to the buyer once payment in full of all principal and interest has been received by the seller.
- The seller has the right to take back the property if the buyer defaults in payment.
- At the seller's option, the balance can be repaid by monthly payments with or without interest until paid, or monthly payments with interest for a fixed number of payments with a balloon payment at the end to pay out the balance.
The New Mexico Contract for Deed form is available in MS Word format and easy to use.
$17.99
New Mexico Quitclaim Deed for Joint Ownership
Transfer the interest in a real estate property in New Mexico from a husband and wife to another husband and wife with this Quitclaim Deed for Joint Ownership.
The transferors convey their interest in the property to the transferees, but do not provide any warranties regarding the property. The transferees can take title either as:
This New Mexico Quitclaim Deed for Joint Ownership form is provided in MS Word format and is easy to download, fill in and print.
The transferors convey their interest in the property to the transferees, but do not provide any warranties regarding the property. The transferees can take title either as:
- joint tenants, with rights of survivorship, which means that if one of them dies, title to the property passes to the surviving joint tenant, or
- community property with rights of survivorship, or
- community property without rights of survivorship.
This New Mexico Quitclaim Deed for Joint Ownership form is provided in MS Word format and is easy to download, fill in and print.
$6.29
New Mexico Special Warranty Deed
Transfer ownership of a real estate property in New Mexico with this Special Warranty Deed form.
- Under a Special Warranty Deed, the seller (grantor) warrants or guarantees the title only against defects arising during his/her ownership of the property and not against defects existing before that time.
- This is a downloadable MS Word document which is easy to fill in with the details of your transaction.
- Intended solely for use in the State of New Mexico.
$6.29