Filing a quitclaim deed is a simpler process than other types of property transfers, which may need to include a warranty in order to be valid. However, following all necessary steps will ensure that the property transfer is legal and that there is nothing missing from the property.
Step One – Gather All Relevant Documentation
You may want to start with a quitclaim deed template that will provide you with an overview of all the information you need to accurately fill out your paperwork. Keep in mind that you will need a state-specific template since each state will have its own requirements for a quitclaim deed.
In addition, look at the original title to the property and make sure that it accurately reflects property ownership. You can also use the original title for the legal description of the property. Note that a legal description is not just the address of the property, but also its boundaries and any other relevant information about it.
Step Two – Fill Out the Quitclaim Deed
Make sure all information on the quitclaim deed is filled out correctly and accurately. If you leave out any information, the County Clerk’s office may not file the deed, and it may not be considered valid. The grantor should not sign the document while filling it out, since this needs to be done in the presence of a notary.
Step Three – Take the Document to a Notary
You will need to sign and date the document in the presence of the notary. Then, the notary will stamp and sign the document. The notary’s signature and seal, as noted in N.M. Stat § 47-1-44, are necessary to validate the document. You will need to take legal proof of your identity, usually a state-issued ID, with you when you go to the notary’s office.
Step Four – Take the Quitclaim Deed to the County Clerk’s Office in the Relevant County
As per N. M. Stat. § 14-9-1 , the quitclaim deed will need to be filed with the County Clerk’s office in the county where the property is located. When you file the quitclaim deed, you need will provide the name and address of the party who will receive the quitclaim deed once it is filed.
At this time, you will need to pay the $25 fee laid out in N.M. Stat. § 14-8-15. Make copies of the quitclaim deed for all relevant parties before taking the deed to file it.
