Sierra County Assignment of Mortgage Form (New Mexico)

All Sierra County specific forms and documents listed below are included in your immediate download package:

Assignment of Mortgage Form

Sierra County Assignment of Mortgage Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Sierra County compliant document last validated/updated 4/2/2024

Guidelines for Assignment of Mortgage

Sierra County Guidelines for Assignment of Mortgage

Line by line guide explaining every blank on the form.
Included Sierra County compliant document last validated/updated 5/10/2024

Completed Example of the Assignment of Mortgage Document

Sierra County Completed Example of the Assignment of Mortgage Document

Example of a properly completed form for reference.
Included Sierra County compliant document last validated/updated 6/6/2024

Notice of Assignment of Mortgage

Sierra County Notice of Assignment of Mortgage

Fill in the blank form formatted to comply with content requirements.
Included Sierra County compliant document last validated/updated 4/12/2024

Notice of Assignment Guidelines

Sierra County Notice of Assignment Guidelines

Line by line guide explaining every blank on the form.
Included Sierra County compliant document last validated/updated 4/23/2024

Completed Example of Notice of Assignment Document

Sierra County Completed Example of Notice of Assignment Document

Example of a properly completed form for reference.
Included Sierra County compliant document last validated/updated 5/15/2024

When using these Assignment of Mortgage forms, the subject real estate must be physically located in Sierra County. The executed documents should then be recorded in the following office:

Sierra County Clerk

100 North Date St, Truth or Consequences, New Mexico 87901

Hours: 8:00 to 5:00 M-F

Phone: (575) 894-2840

Local jurisdictions located in Sierra County include:

  • Arrey
  • Caballo
  • Derry
  • Elephant Butte
  • Hillsboro
  • Monticello
  • Truth Or Consequences
  • Williamsburg
  • Winston

How long does it take to get my forms?

Forms are available immediately after submitting payment.

How do I get my forms, are they emailed?

Immediately after you submit payment, the Sierra County forms you order will be available for download directly from your account. You can then download the forms to your computer. If you do not already have an account, one will be created for you as part of the order process, and your login details will be provided to you. If you encounter any issues accessing your forms, please reach out to our support team for assistance. Forms are NOT emailed to you.

What does "validated/updated" mean?

This indicates the most recent date when at least one of the following occurred:

  • Updated: The document was updated or changed to remain compliant.
  • Validated: The document was examined by an attorney or staff, or it was successfully recorded in Sierra County using our eRecording service.
Are these forms guaranteed to be recordable in Sierra County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Sierra County including margin requirements, content requirements, font and font size requirements.

Can the Assignment of Mortgage forms be re-used?

Yes. You can re-use the forms for your personal use. For example, if you have more than one property in Sierra County that you need to transfer you would only need to order our forms once for all of your properties in Sierra County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by New Mexico or Sierra County. These could be tax related, informational, or even as simple as a coversheet. Supplemental forms are provided for free with your order where available.

What type of files are the forms?

All of our Sierra County Assignment of Mortgage forms are PDFs. You will need to have or get Adobe Reader to use our forms. Adobe Reader is free software that most computers already have installed.

Do I need any special software to use these forms?

You will need to have Adobe Reader installed on your computer to use our forms. Adobe Reader is free software that most computers already have installed.

Do I have to enter all of my property information online?

No. The blank forms are downloaded to your computer and you fill them out there, at your convenience.

Can I save the completed form, email it to someone?

Yes, you can save your deed form at any point with your information in it. The forms can also be emailed, blank or complete, as attachments.

Are there any recurring fees involved?

No. Nothing to cancel, no memberships, no recurring fees.

This Assignment of Mortgage form is commonly used when the current lender transfers the loan to a third party, this is typically done when the mortgage is sold to the third party.

48-7-2. [Assignments of mortgages; recording; person entitled to payment; effect of failure to record; assignee's action against assignor.]

In cases where assignments of real estate mortgages are made subsequent to the date this act takes effect, and such assignments are not recorded in the office of the county clerk of the proper county, the mortgagor, his heirs, personal representatives or assigns may pay the principal debt secured by such mortgage or accrued interest thereon, prior to the recording of such assignment, to the mortgagee; but if an assignment of such mortgage appears upon the proper record of such county clerk, then such payment may be made to the last assignee whose assignment is so recorded, and such payment shall be effectual to extinguish all claims against such mortgagor, his heirs, personal representatives or assigns, for or on account of such interest or such principal indebtedness. No transfer of any note, bond or other evidence of indebtedness, by endorsement or otherwise, where such indebtedness is secured by mortgage on real estate within this state, shall prevent or operate to defeat the defense of payment of such interest or principal by the mortgagor, his heirs, personal representatives or assigns, where such payment has been made to the mortgagee whose mortgage is duly recorded or to the assignee whose assignment appears last of record in accordance with the provisions of this act [ 48-7-2, 48-7-3 NMSA 1978]; provided, however, that the assignee who may hold an unrecorded assignment of a real estate mortgage which is immediately subsequent to such recorded mortgage or to the last recorded assignment shall have a right of action against his assignor to recover the amount of any such payment of interest or principal made to such assignor, as upon an account for money had and received for the use of such assignee.

14-9-4. Filing for record; effect; reception book.
The time of the recording of an instrument shall be the time of its deposit in the office of the county clerk and his entry thereof in the reception book as herein provided. It shall be the duty of every county clerk immediately on the receipt for record of any deed, mortgage or other writing affecting the title to real estate, to enter the same by the name of the grantor, mortgagor or other persons [person] whose title is affected thereby, in a proper book, arranged in alphabetical or numerical order, to be known as the reception book, together with the date, hour and minute of such record. Any county clerk failing to make such entry immediately, shall be punished by a fine of one hundred dollars [($100)], and shall also be liable for damages to any person injured by such neglect, to the extent of such injury.

Current Borrowers must be notified of the assignment. Notification consists of contact information of the new creditor, recording dates, recording instrument numbers, changes in loan, etc. Included are "Notice of Assignment of Mortgage" forms.

The Truth and lending act requires that borrowers be notified when their mortgage debt has been sold, transferred, or assigned to a new creditor. Generally, within 30 days to avoid up to $2,000.00 in statutory damages, plus reasonable attorney's fees. Systematic violations can reach up $500,000.00.

(New Mexico AOM Package includes form, guidelines, and completed example) For use in New Mexico only.

Our Promise

The documents you receive here will meet, or exceed, the Sierra County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

Save Time and Money

Get your Sierra County Assignment of Mortgage form done right the first time with Deeds.com Uniform Conveyancing Blanks. At Deeds.com, we understand that your time and money are valuable resources, and we don't want you to face a penalty fee or rejection imposed by a county recorder for submitting nonstandard documents. We constantly review and update our forms to meet rapidly changing state and county recording requirements for roughly 3,500 counties and local jurisdictions.

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