Fill and Sign the Warranty Deed to Child Reserving a Life Estate in the Parents New Mexico Form

Prepared by U.S. Legal Forms, Inc. Copyright 2016 - U.S. Legal Forms, Inc. STATE OF NEW MEXICO WARRANTY DEED TO CHILD - RESERVING LIFE ESTATE TO PARENT Control Number – NM - 021 - 77 NOTES ON COMPLETING THESE FORMS The form(s) in this packet contain “form fields” created using Microsoft Word. “Form fields” facilitate completion of the forms using your computer. They do not limit you ability to print the form “in blank” and complete with a typewriter or by hand. It is also helpful to be able to see the location of the form fields. Go to the View menu, click on Toolbars, and then select Forms. This will open the forms toolbar. Look for the button on the forms toolbar that resembles a “shaded letter “a”. Click in this button and the form fields will be visible. By clicking on the appropriate form field, you will be able to enter the needed information. In some instances the form field and the line will disappear after information is entered. In other cases it will not. This is appropriate and the way the form is designed to function. DISCLAIMER These materials were developed by U.S. Legal Forms, Inc. based upon statutes and forms for the State of New Mexico. All Information and Forms are subject to this Disclaimer: All forms in this package are provided without any warranty, express or implied, as to their legal effect and completeness. Please use at your own risk. If you have a serious legal problem we suggest that you consult an attorney. U.S. Legal Forms, Inc. does not provide legal advice. The products offered by U.S. Legal Forms (USLF) are not a substitute for the advice of an attorney. THESE MATERIALS ARE PROVIDED "AS IS" WITHOUT ANY EXPRESS OR IMPLIED WARRANTY OF ANY KIND INCLUDING WARRANTIES OF MERCHANTABILITY, NONINFRINGEMENT OF INTELLECTUAL PROPERTY, OR FITNESS FOR ANY PARTICULAR PURPOSE. IN NO EVENT SHALL U. S. LEGAL FORMS, INC. OR ITS AGENTS OR OFFICERS BE LIABLE FOR ANY DAMAGES WHATSOEVER (INCLUDING, WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, BUSINESS INTERRUPTION, LOSS OF INFORMATION) ARISING OUT OF THE USE OF OR INABILITY TO USE THE MATERIALS, EVEN IF U.S. LEGAL FORMS, INC. HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Prepared By and After Recording Return to:                         Send Tax Statements to Grantee (Name and Address):                         -------- Above This Line Reserved For Official Use Only--------       WARRANTY DEED (Reserved Life Estate) KNOW ALL MEN BY THESE PRESENTS THAT: FOR VALUABLE CONSIDERATION OF TEN DOLLARS ($10.00), and other good and valuable consideration, cash in hand paid, the receipt and sufficiency of which is hereby acknowledged, ________________________ and ______________________________ , Husband and Wife, hereinafter referred to as “Grantors”, do hereby grant and warrant unto ____________________________________ , an individual, married unmarried, hereinafter “Grantee”, whether one or more, the following lands and property, together with all improvements located thereon, lying in the County of __________________ , City of __________________ , State of New Mexico, to-wit: See Legal Description Attached as Exhibit A incorporated by reference as though set forth in full Legal Description:       Warranty Deed Page 1 of 3 SUBJECT to Life Estates retained by ____________________________________ and ____________________________________ , Grantors, to run consecutively. It being the intention of the Grantors that the ending of one Life Estate shall in no way affect the remaining Life Estate. LESS AND EXCEPT all oil, gas and minerals, on and under the above described property owned by Grantor(s), if any, which are reserved by Grantor(s). SUBJECT to all easements, rights-of-way, protective covenants and mineral reservations of record, if any. The property herein conveyed is not a part of the homestead of Grantor(s), or is part of the homestead of Grantor(s) and the conveyance is joined by both Husband and Wife. WITNESS Grantor(s) hand(s) this the ____ day of ________________ , 20 ____ . (1 st Grantor’s Signature) (2 nd Grantor’s Signature)             Print Name Print Name COUNTY OF       , STATE OF NEW MEXICO The foregoing instrument was acknowledged before me this       day of       , 20       , by       . My Commission Expires:       Notary Public COUNTY OF       , STATE OF NEW MEXICO The foregoing instrument was acknowledged before me this       day of       , 20       , by       . Warranty Deed Page 2 of 3 My Commission Expires:       Notary Public Grantor(s) Name, Address, phone:                                     Grantee(s) Name, Address, phone:                                     SEND TAX STATEMENTS TO GRANTEE Warranty Deed Page 3 of 3 EXHIBIT A       Warranty Deed Exhibit A