2021 New Mexico Statutes
Article 1 - Conveyances and General Provisions
Section 47-1-44 - Conveyancing forms.

(1) WARRANTY DEED
........., for consideration paid, grant ....... to ........., whose address is .........., the following described real estate in ......... county, New Mexico:
(description)
with warranty covenants.
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
............ (Seal)
(Here add acknowledgment(s))
(2) WARRANTY DEED (JOINT TENANTS)
........., for consideration paid, grant ......... to ......., whose address is ......., and ......., whose address is ........., as joint tenants the following [described] real estate in ......... county, New Mexico:
(description)
with warranty covenants.
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(3) QUITCLAIM DEED
........., for consideration paid, quitclaim ......... to ........., whose address is ........., the following described real estate in ......... county, New Mexico:
(description)
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(4) QUITCLAIM DEED (JOINT TENANTS)
........., for consideration paid quitclaim ......... to ......., whose address is ........., and ........., whose address is ......., as joint tenants the following described real estate in ......... county, New Mexico:
(description)
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(5) SPECIAL WARRANTY DEED
........., for consideration paid, grant ....... to ......., whose address is ........., the following described real estate in ......... county, New Mexico:
(description)
with special warranty covenants.
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(6) MORTGAGE
........., for consideration paid, grant ......... to ......., whose address is ........., the following described real estate in ......... county, New Mexico:
(description)
with mortgage covenants.
This mortgage secures the performance of the following obligation:
(Here attach copy of or summarize note or other obligation)
and is upon the statutory mortgage condition for the breach of which it is subject to foreclosure as provided by law. The amount specified for insurance as provided in the statutory mortgage condition is $ ... and the hazard ...... to be insured against ......... fire ...
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(7) DEED OF TRUST
........., for consideration paid, grant ....... to ......., whose address is ........., as trustee for ......., whose address is ......., beneficiary, the following described real estate in ......... county, New Mexico:
(description)
with mortgage covenants.
This deed of trust secures the performance of the following obligation:
(Here attach copy of or summarize note or other obligation)
and is upon the statutory mortgage condition for the breach of which it is subject to foreclosure as provided by law. The amount specified for insurance as provided in the statutory mortgage condition is $ ..., and the hazard ....... to be insured against ...... fire ......
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(8) RELEASE OF MORTGAGE
........, mortgagee ......... under a certain mortgage executed by ........., on the ...... day of ......., 19 ..., and recorded in Book ... page ... of the records of ......... county, New Mexico, do ......... hereby discharge all of the real estate mentioned in said mortgage from the lien and operation thereof.
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(9) PARTIAL RELEASE OF MORTGAGE
........., mortgagee ......... under a certain mortgage executed by ......... on the ...... day of ......., 19 ..., and recorded in Book ..., page ... of the records of ......... county, New Mexico, do ......... hereby discharge the following portion only of the real estate described in said mortgage:
(description)
from the lien and operation thereof.
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(10) RELEASE OF DEED OF TRUST
........, trustee under a certain deed of trust executed by ....... on the ...... day of ......., 19 ..., and recorded in Book ... , page ... of the records of ......... county, New Mexico, does hereby, at the written request of the beneficiary of said deed of trust, discharge all of the real estate mentioned in said deed of trust from the lien and operation thereof.
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(11) PARTIAL RELEASE OF DEED OF TRUST
........., trustee under a certain deed of trust executed by ......... on the ...... day of ......., 19 ..., and recorded in Book ... page ... of the records of ......... county, New Mexico does hereby, at the written request of the beneficiary of said deed of trust discharge the following portion only of the real estate described in said deed of trust.
(description)
from the lien and operation thereof.
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(12) ASSIGNMENT OF MORTGAGE
........., holder ......... of a mortgage from ....... to ....... dated ......... and recorded in Book ... page ... of the records of ......... county, New Mexico, hereby assign ......... said mortgage and the obligation secured thereby to [ ......... ], whose address is .........
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
(13) ASSIGNMENT OF DEED OF TRUST
........., beneficiary ....... of a deed of trust from ...... to ........., trustee for the undersigned dated ......... and recorded in Book ... page ... of the records of ......... county, New Mexico, hereby assign ......... the beneficial interest under said deed of trust and the obligation secured thereby to ........., whose address is .........
Witness ......... hand ...... and seal ...... this ...... day of ......., 19 ...
......... (Seal)
(Here add acknowledgment(s))
History: 1941 Comp., § 75-142, enacted by Laws 1947, ch. 203, Appx.; 1953 Comp., § 70-1-42; Laws 1975, ch. 135, § 1.
Statutory form does not preclude others. — The legislature has approved the use of a concise statutory mortgage form in this section; however, this form does not preclude the use of others. C & L Lumber & Supply, Inc. v. Texas Am. Bank/Galeria, 1990-NMSC-056, 110 N.M. 291, 795 P.2d 502.
Law reviews. — For note, "Vendor and Purchaser - Increased Risks of Forfeiture and Malpractice Resulting from the Use of Real Estate Contracts: Albuquerque National Bank v. Albuquerque Ranch Estates, Inc.," see 15 N.M.L. Rev. 99 (1985).
Am. Jur. 2d, A.L.R. and C.J.S. references. — Specificity of description of premises as affecting enforceability of contract to convey real property - modern cases, 73 A.L.R.4th 135.

Structure 2021 New Mexico Statutes

2021 New Mexico Statutes

Chapter 47 - Property Law

Article 1 - Conveyances and General Provisions

Section 47-1-1 - "Real estate" defined.

Section 47-1-2 - Monopolies; entailments; primogeniture.

Section 47-1-3 - Repealed.

Section 47-1-4 - [Conveyances authorized.]

Section 47-1-4.1 - Actual authority; representatives of business entities; exception.

Section 47-1-5 - [Signing of conveyances.]

Section 47-1-6 - Seal unnecessary.

Section 47-1-7 - [Powers of attorney and revocations thereof to be acknowledged and recorded.]

Section 47-1-8 - [Conveyances under terminated power of attorney; validation.]

Section 47-1-9 - [Notice of revocation or death by means of affidavit.]

Section 47-1-10 - [Recordation of affidavit of termination of power of attorney.]

Section 47-1-11 - [Instruments by agent authorized.]

Section 47-1-12 - [Conveyance by decree or master.]

Section 47-1-13 - [Lineal and collateral securities; contracts binding realty as against heirs and legal claimants.]

Section 47-1-14 - [Effect of words "bargained and sold".]

Section 47-1-15 - [Joint grantees or devisees; tenancy in common.]

Section 47-1-16 - [Instrument of conveyance; prima facie evidence of joint tenancy.]

Section 47-1-17 - [Entailed estates.]

Section 47-1-17.1 - Repealed.

Section 47-1-18 - [Reversion; "heirs" and "successors" defined.]

Section 47-1-19 - [Rights of heirs of life tenant when made remaindermen.]

Section 47-1-20 - [Remainder to unborn child.]

Section 47-1-21 - [Future possession dependent on death without heirs; effect of birth of posthumous child.]

Section 47-1-22 - [Grants of rents, returns or remainders.]

Section 47-1-23 - [Transfer of reversion authorized.]

Section 47-1-24 - [Rights of transferee of reversion.]

Section 47-1-25 - Repealed.

Section 47-1-26 - [Tax assessment or payment in name of nonowner is not cloud on title.]

Section 47-1-27 - ["Statutory forms" of conveyance and mortgage of real property.]

Section 47-1-28 - [Applicability from effective date of act.]

Section 47-1-29 - ["Warranty deed" effective in fee simple.]

Section 47-1-30 - ["Quitclaim deed" effective in fee simple without warranty.]

Section 47-1-31 - ["Special warranty deed"; effect.]

Section 47-1-32 - ["Grant" effective as a word of conveyance.]

Section 47-1-33 - [Unnecessary terms; construction of deeds or reservations.]

Section 47-1-34 - [Rights included without enumeration.]

Section 47-1-35 - [Conveyance or mortgage to joint tenants.]

Section 47-1-36 - Joint tenancies defined; creation.

Section 47-1-37 - [Effect of warranty covenants in conveyances.]

Section 47-1-38 - [Effect of special warranty covenants in conveyances.]

Section 47-1-39 - [Mortgage or deed of trust provisions; effect.]

Section 47-1-40 - [Construction of "mortgage covenants".]

Section 47-1-41 - Construction of "statutory mortgage condition".

Section 47-1-42 - [Sheriff designated as successor trustee.]

Section 47-1-43 - [Verb "assign" sufficient to transfer interest.]

Section 47-1-44 - Conveyancing forms.

Section 47-1-45 - [Real estate brokerage agreements required to be in writing.]

Section 47-1-46 - [Real estate descriptions by reference to recorded instruments.]

Section 47-1-47 - [Recovery of realty donated to state or municipality for specific purposes.]

Section 47-1-48 - [Rules applicable; service of process.]

Section 47-1-49 - New Mexico coordinate system; zones.

Section 47-1-50 - Zone designations.

Section 47-1-51 - Plane coordinates, x and y; definition.

Section 47-1-52 - Description of land located in more than one zone.

Section 47-1-53 - Definition of coordinate system according to U.S. coast and geodetic survey [national ocean survey and national geodetic survey].

Section 47-1-54 - Recordation of land description based on coordinate system; limitation.

Section 47-1-55 - [Use on maps, reports of survey or other documents.]

Section 47-1-56 - Use of coordinate system.

Section 47-1-57 - Use of scrivener's-error affidavits.