A deed or property deed is a legal document that transfers ownership of real property (real estate) from a seller to a buyer. A deed must state the names of the seller and the buyer and must include a complete legal description of the property being transferred.
A deed must also include the signature of the seller, which must be acknowledged (signed) by a notary public to verify the identity of the person signing the deed and for the seller to declare to the notary that the seller signed the deed willingly and voluntarily, and was not coerced into signing it.
In New Mexico, a deed is an essential legal document for transferring ownership of real property from a seller to a buyer. The deed must clearly state the names of both the seller (grantor) and the buyer (grantee), and it must contain a complete and accurate legal description of the property. This description typically includes the property's boundaries and any relevant measurements or parcel numbers that identify the property. Additionally, the deed must be signed by the seller. The signature on the deed must be acknowledged before a notary public. This notarization process serves to verify the identity of the seller and to confirm that the seller is executing the deed willingly and without coercion. Once properly executed, the deed should be recorded with the county clerk in the county where the property is located to provide public notice of the transfer and to protect the buyer's interests.