A transfer on death deed shall:
A. contain the essential elements and formalities of a properly recordable inter vivos deed;
B. state that the transfer to the designated beneficiary is to occur at the transferor's death; and
C. be recorded before the transferor's death in the public records in the office of the county clerk for the county where the property is located.
History: 1978 Comp., § 45-6-409, enacted by Laws 2013, ch. 38, § 9.
Effective dates. — Laws 2013, ch. 38, § 18 provided that Laws 2013, ch. 38, § 9 was effective January 1, 2014.
Structure New Mexico Statutes
Chapter 45 - Uniform Probate Code
Article 6 - Nonprobate Transfers
Part 4 - UNIFORM REAL PROPERTY TRANSFER ON DEATH
Section 45-6-401 - Short title.
Section 45-6-402 - Definitions.
Section 45-6-403 - Applicability.
Section 45-6-404 - Nonexclusivity.
Section 45-6-405 - Transfer on death deed authorized.
Section 45-6-406 - Transfer on death deed revocable.
Section 45-6-407 - Transfer on death deed nontestamentary.
Section 45-6-408 - Capacity of transferor.
Section 45-6-409 - Requirements.
Section 45-6-410 - Notice, delivery, acceptance or consideration not required.
Section 45-6-411 - Revocation by instrument authorized; revocation by act not permitted.
Section 45-6-412 - Effect of transfer on death deed during transferor's life.
Section 45-6-413 - Effect of transfer on death deed at transferor's death.
Section 45-6-414 - Disclaimer.
Section 45-6-415 - Liability for creditor claims and statutory allowances.