Effect of transfer on death deed during transferor's life
NMSA 1978, § 45-6-412
in effect45-6-412. Effect of transfer on death deed during transferor's life
During a transferor's life, a transfer on death deed does not:
A. affect an interest or right of the transferor or any other owner, including the right to transfer or encumber the property;
B. affect an interest or right of a transferee, even if the transferee has actual or constructive notice of the deed;
C. affect an interest or right of a secured or unsecured creditor or future creditor of the transferor, even if the creditor has actual or constructive notice of the deed;
D. affect the transferor's or designated beneficiary's eligibility for any form of public assistance;
E. create a legal or equitable interest in favor of the designated beneficiary; or
F. subject the property to claims or process of a creditor of the designated beneficiary.
1978 Comp., § 45-6-412, enacted by Laws 2013, ch. 38, § 12.
Source: New Mexico Compilation Commission (nmonesource.com)URL: https://nmonesource.com/nmos/nmsa-unanno/en/item/18546/index.do#!b/45-6-412Fetched: 10/20/2026
