Otero County Release of Deed of Trust Forms (New Mexico)

Form Package

Release of Deed of Trust

State

New Mexico

Area

Otero County

Price

$27.97

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Included Forms

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

Included Supplemental Documents

The following New Mexico and Otero County supplemental forms are included as a courtesy with your order.

Frequently Asked Questions:

Areas Covered by These Release of Deed of Trust Forms:

• Otero County

Including:

• Alamogordo
• Bent
• Cloudcroft
• High Rolls Mountain Park
• Holloman Air Force Base
• La Luz
• Mayhill
• Mescalero
• Orogrande
• Pinon
• Sacramento
• Sunspot
• Timberon
• Tularosa
• Weed

What is the New Mexico Release of Deed of Trust

In New Mexico, the Trustee or the Beneficiary/Lender can release a Deed of Trust. This form is used by the Beneficiary/Lender. NM Stat 48-7-4(C)(2018) If, at any time the obligation secured by the mortgage or deed of trust described in Subsection B of this section is fulfilled, and the balance is zero, the mortgagee or beneficiary shall cause the mortgage or deed of trust to be released of record upon written demand of the mortgagor, trustor or the successor or assignee thereof.

48-7-5. Failure to release; penalty; civil liability.]
Any person who shall be guilty of violating the preceding section [48-7-4 NMSA 1978], upon conviction before any justice of the peace [magistrate] or district court having jurisdiction of the same shall be punished by a fine of not less than ten [($10.00)] nor more than twenty-five dollars [($25.00)], and shall be liable in a civil action to the owner of such real estate for all costs of clearing the title to said property including a reasonable attorney's fee.

(New Mexico Release of DOT 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 Otero County recording requirements for formatting. If there's an issue caused by our formatting, we'll make it right and refund your payment.

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Get your Otero County Release of Deed of Trust 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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