New Mexico Real Estate Purchase and Sale Agreement (Investor PDF)
An investor-ready purchase and sale agreement drafted for New Mexico transactions, plus a plain-English summary of what New Mexico law expects in a residential purchase contract. Free PDF, no signup required.
New Mexico Purchase and Sale Agreement
Free PDF • Updated July 2026
Part of our free real estate investor forms library.
What New Mexico Requires in a Purchase Contract
These are the contract and disclosure requirements our research identified for New Mexico residential transactions, with statute citations. Requirements change; always confirm the current rule before closing.
Estimated property tax levy disclosure Verbatim language required
Real Estate Disclosure Act, NMSA 1978 § 47-13-4
Before accepting an offer, the seller or seller's broker must request from the county assessor the estimated property tax levy (using the listed price) and provide the assessor's written response to the buyer or buyer's broker, together with the statutory disclaimer; buyer may waive in a signed writing before submitting the offer; compliant brokers are immune from suit.
Applies to: residential sales through brokers/agents (waivable by buyer in writing)
No statutory seller property condition disclosure form
Common-law duty; NM Real Estate Commission rules (16.61.19 NMAC) for licensees
New Mexico has no statutory property-condition disclosure form; sellers must not misrepresent or conceal known material defects, and licensees must disclose adverse material facts; NMAR disclosure forms are customary.
Applies to: all residential
Federal lead-based paint disclosure Verbatim language required
42 U.S.C. § 4852d; 40 C.F.R. § 745.113
Pre-1978 housing: verbatim federal Lead Warning Statement plus disclosure/acknowledgment block required in or attached to the contract.
Applies to: pre-1978 residential dwellings
New Mexico Closing Practice at a Glance
| Deed convention | Warranty deed (NMSA § 47-1-44 statutory short form with full covenants); title company closings |
| Transfer tax | none |
| Customary payer | n-a |
| Attorney closing | Attorney not required for a typical closing. Title company closing state; attorneys not customary for residential closings. |
| Witness and notary | Deeds require notary acknowledgment for recording (NMSA §§ 14-8-4, 47-1-44); no witnesses required. |
More Investor Resources
Disclaimer: This template and summary are provided free for reference and educational purposes. Clearway Home Buyers is not a law firm and does not provide legal advice, and no attorney-client relationship is created by downloading or using these forms. Real estate law varies by state and by transaction. Review any form with a licensed New Mexico attorney before use. Read the full disclaimer.
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