Lea County Assignment of Mortgage Form (New Mexico)

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

Assignment of Mortgage Form

Lea County Assignment of Mortgage Form

Fill in the blank form formatted to comply with all recording and content requirements.
Included Lea County compliant document last validated/updated 10/4/2024

Guidelines for Assignment of Mortgage

Lea County Guidelines for Assignment of Mortgage

Line by line guide explaining every blank on the form.
Included Lea County compliant document last validated/updated 7/9/2024

Completed Example of the Assignment of Mortgage Document

Lea County Completed Example of the Assignment of Mortgage Document

Example of a properly completed form for reference.
Included Lea County compliant document last validated/updated 10/2/2024

Notice of Assignment of Mortgage

Lea County Notice of Assignment of Mortgage

Fill in the blank form formatted to comply with content requirements.
Included Lea County compliant document last validated/updated 8/6/2024

Notice of Assignment Guidelines

Lea County Notice of Assignment Guidelines

Line by line guide explaining every blank on the form.
Included Lea County compliant document last validated/updated 10/21/2024

Completed Example of Notice of Assignment Document

Lea County Completed Example of Notice of Assignment Document

Example of a properly completed form for reference.
Included Lea County compliant document last validated/updated 10/14/2024

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

Lea County Clerk

100 North Main, Suite 1C / PO Box 1507, Lovington, New Mexico 88260

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

Phone: (575) 396-8619

Local jurisdictions located in Lea County include:

  • Caprock
  • Crossroads
  • Eunice
  • Hobbs
  • Jal
  • Lovington
  • Maljamar
  • Mcdonald
  • Monument
  • Tatum

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 Lea 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 Lea County using our eRecording service.
Are these forms guaranteed to be recordable in Lea County?

Yes. Our form blanks are guaranteed to meet or exceed all formatting requirements set forth by Lea 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 Lea County that you need to transfer you would only need to order our forms once for all of your properties in Lea County.

What are supplemental forms?

Often when a deed is recorded, additional documents are required by New Mexico or Lea 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 Lea 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 Lea 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 Lea 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.

4.8 out of 5 - ( 4420 Reviews )

Jimmy W.

November 1st, 2024

Very thorough with plenty of instructions. Nice to be able to fill in the forms on my computer at my own pace and edit if needed. Jim

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

RUTH A.

October 25th, 2024

I am so very thankful for the service that you provide for the public, thank you very much.

Reply from Staff

We deeply appreciate the trust you have placed in our services. Thank you for your valuable feedback and for choosing us.

Nancy R.

October 25th, 2024

Deeds.com is very precise, helpful and friendly. I found the form I needed without any effort and everything worked perfect and smooth. I recommend it 100%. rnThank you.

Reply from Staff

We are delighted to have been of service. Thank you for the positive review!

Susan G.

February 17th, 2023

This is very helpful.

Reply from Staff

Thank you!

Mary G.

March 7th, 2021

Deeds.com
was a fast and easy site to use
the staff answered my questions online efficiently

Reply from Staff

Thank you!

LISA R.

May 4th, 2022

I was very pleased to find your website and the range of services you offer. I was recommended to hire an estate attorney, but the forms you provided will eliminate the need for that. Thank you for the help!

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Veronica G.

November 11th, 2020

Excellent service A+

Reply from Staff

Thank you!

WALTER L.

June 19th, 2019

GREAT SITE, HAD ALL THE FORMS I NEEDED AND INSTRUCTIONS WITH ILLUSTRATIONS.

Reply from Staff

Thank you!

Peter & Bonnie Higgins H.

July 29th, 2021

We were very pleased with the advice and forms provided. We were able to complete our special project. Just what we were looking for. I give you 41/2 stars

Reply from Staff

Thank you!

Mary D. B.

May 11th, 2023

BIG THANK YOU EXCELLENT WEBSITE

Reply from Staff

Thank you!

Bradley F.

May 31st, 2021

WOW!!! Deeds.com came through with shinning colors. when I needed something recorded in a hurry and the county still shut down because of COVID, Deeds.com got the job done with very little trouble on my part and very quickly. I couldn't be happier. Will definitely recommend to anyone and everyone!

Thank you to the staff for the quick work!

Reply from Staff

We appreciate your business and value your feedback. Thank you. Have a wonderful day!

ronnie y.

May 22nd, 2019

well worth the money thank you

Reply from Staff

Thank you!

samira m.

December 9th, 2022

I love whoever is behind this website. I bought the wrong form and I told them and they refunded me asap! I figured out which form I need days later and bought it just now. They didn't have to refund me for my own mistake. That was very kind. I'll be returning for any other forms I may need and will tell others too. Thank you so much!!!!!

Reply from Staff

Thank you for your feedback. We really appreciate it. Have a great day!

Jeffrey W.

April 29th, 2020

One of the most user-friendly services I have used. HIGHLY reccomended.

Reply from Staff

Thank you!

Jim D.

October 28th, 2020

A bit pricey for someone on a fixed income.

Reply from Staff

Thank you!