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:
- 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.The form includes a Community Property Agreement to be signed by the transferees, if applicable, as well as a Documentary Transfer Tax Declaration.
This New Mexico Quitclaim Deed for Joint Ownership form is provided in MS Word format and is easy to download, fill in and print.
Document prepared by (after recording return to): Name: Company: Address: Address 2: City, State, Zip: Phone: --Above this line reserved for official use only-- QUITCLAIM DEED KNOW ALL MEN BY THESE PRESENTS THAT: FOR THE CONSIDERATION OF $____________________________ and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, _________________________________ and ________________________, Husband and Wife, of __________________________________________ [insert address] (hereinafter referred to as the “Grantors”) do hereby grant, convey and quit claim to _________________________________ and ________________________, Husband and Wife, of __________________________________________ [insert address] (hereinafter referred to as the “Grantees”), as: [choose appropriate option below] _____ joint tenants, with rights of survivorship, and not as tenants in common, _____ community property with rights of survivorship _____ community property without rights of survivorship, the following lands and property, situated in the County of ____________________, State of New Mexico, together with all improvements located thereon: [Describe Property] Prior instrument reference: Book __________, Page _________, Document Number ________ Recorder of _________________ County, State of New Mexico LESS AND EXCEPT all oil, gas and minerals, on and under the above described property owned by the Grantors, if any, which are reserved by the Grantors. SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. TO HAVE AND TO HOLD the same unto the Grantees and the Grantees’ heirs and assigns forever, with all appurtenances thereunto belonging. Taxes for tax year __________ shall be: -2- _____ prorated between Grantors and Grantees as of the date agreed between them _____ paid by Grantees _____ paid by Grantors The property conveyed hereunder: _____ is not a part of the homestead of Grantors, or _____ is part of the homestead of Grantors and if Grantors are married, the conveyance is joined by both Husband and Wife To have and to hold to the said Grantees: [choose appropriate option below]
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