New Mexico Statutes 47-1-35. [Conveyance or mortgage to joint tenants.]
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In a conveyance or mortgage of real estate, the designation of two or more grantees “as joint tenants” shall be construed to mean that the conveyance is to the grantees as joint tenants, and not as tenants in common, and to the survivor of them and the heirs and assigns of the survivor.
Terms Used In New Mexico Statutes 47-1-35
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.