New Mexico Statutes 47-1-33. [Unnecessary terms; construction of deeds or reservations.]
Current as of: 2024 | Check for updates
|
Other versions
In a conveyance or reservation of real estate the terms, “heirs,” “assigns” or other technical words of inheritance shall not be necessary to convey or reserve an estate in fee. A deed or reservation of real estate shall be construed to convey or reserve an estate in fee simple, unless a different intention clearly appears in the deed.
Terms Used In New Mexico Statutes 47-1-33
- Deed: The legal instrument used to transfer title in real property from one person to another.
- Fee simple: Absolute title to property with no limitations or restrictions regarding the person who may inherit it.