Transfer on Death Deed (TODD) Information

 

Uniform Real Property Transfer on Death Act (TODA) Information

Click here to read New Mexico’s Uniform Real Property Transfer on Death Act (TODA) law, which contains a sample transfer on death deed. In the ‘search’ bar at the top of the screen, type “45-6-401″. Clicking the ‘search’ button should take you to a link for the TODA law (click on the 2013 version), Section 45-6-401. The text of the TODA law should appear on your screen. Within that text is a sample ‘transfer on death’ deed. The new version of the law took effect on January 1, 2014, so make sure you are reading the current (2013) version of the law!

While people are allowed to prepare their own transfer on death deeds, it is strongly recommended that they hire a reputable attorney to prepare the deed instead. Remember that transfer on death deeds must be recorded in the county clerk’s office during the owner’s lifetime in order to be valid after the owner dies!

 Posted by at 3:56 pm