The owner shall endorse an assignment and warranty of title upon the certificate of title for such vehicle with a statement of all liens or encumbrances thereto, and he shall deliver the certificate of title to the purchaser or transferee at the time of delivering the vehicle.
History: 1953 Comp., § 64-3-102, enacted by Laws 1978, ch. 35, § 49.
Lack of verification not fatal to filing of assignment. — The division should accept for filing and, if otherwise proper, treat as valid an application for registration or assignment of title though they are not acknowledged or verified, as the case may be. 1962 Op. Att'y Gen. No. 62-142.
Am. Jur. 2d, A.L.R. and C.J.S. references. — 7A Am. Jur. 2d Automobiles and Highway Traffic §§ 31, 32.
60 C.J.S. Motor Vehicles § 42.
Structure New Mexico Statutes
Part 2 - TRANSFER OF TITLE OR INTEREST
Section 66-3-102 - Endorsement of assignment and warranty of title.
Section 66-3-105 - Transfer by operation of law.
Section 66-3-106 - Owner after transfer not liable for negligent operation.
Section 66-3-108 - Transfer to dealers.
Section 66-3-109 - Dealer's guarantee of title.
Section 66-3-110 - When division to reregister vehicle and issue new certificate.
Section 66-3-111 - Assignment by person holding lien.
Section 66-3-112 - Release by lienholder to owner.
Section 66-3-113 - Failure to deliver certificate; penalty.
Section 66-3-115 - Notification forms; copies; resale of salvaged vehicle or motor vehicle.
Section 66-3-116 - Title cancellation.
Section 66-3-119 - Vehicle to be dismantled.
Section 66-3-120 - Transportation of certain vehicles; proof of ownership.
Section 66-3-121 - Disposal of abandoned vehicle or motor vehicle.
Section 66-3-122 - Registration effective after death of owner.
Section 66-3-123 - Requirements of purchaser; forms; distribution.
Section 66-3-124 - Department to provide forms.
Section 66-3-125 - Restrictions upon licensees.
Section 66-3-126 - Casual sales; place of sale; advertising; penalty.
Section 66-3-127 - Warning of violation; removal of vehicle.