[NM] What documents do I need to file with the county to transfer my father’s house to me as a gift?

Lexi, Chatbot

I understand that transferring property can be a complex process. Have you and your dad discussed whether he wants to do this as a gift or through a sale?

Lexi, Chatbot

Are there any existing liens or mortgages on the house that need to be addressed?

Ray

Hey there! Welcome to our service. I'm Ray, an attorney with many years of experience. I understand your dad wants to gift you his house in New Mexico, and you're wondering about the paperwork needed for the county. Let's explore this situation together.

Ray

1. I would use a local title company here to prepare a gift deed from dad to you. They will file the deed after you sign and notarize it, and once it is recorded, it is mailed back to you with the volume and page for your records.
2. I would take the deed, once you get it back, to the county tax assessor and make sure the title is in your name for property taxes as well.
3. A title company will also let you know if there are any unknown liens or problems and fix them for you as well.
4. Once the gift deed is prepared, both you and your dad will need to sign it in front of a notary public. This step is crucial for the deed to be legally binding. (NM Stat § 14-8-4)
5. After notarization, the deed must be recorded with the county clerk's office where the property is located. This officially updates the public records to reflect the change in ownership. (NM Stat § 14-9-1)

Does this make sense so far? Let me know if you have any questions or need further clarification on any of these steps.

Ray

I hope I was able to help resolve your issue! If you have any other questions, feel free to ask. Don't hesitate to reach out whenever you need assistance!