Legal Question in Business Law in New Mexico
Selling land in another state
I'm selling land in Alb. NM. I live in Lowell, MA., Can this transaction be done without going to NM. Thank you Rich.
3 Answers from Attorneys
Re: Selling land in another state
Absolutely.
If you find a willing buyer, and you can arrange for the sale to go through.
If you have more specific questions, contact me.
Re: Selling land in another state
Assuming that New Mexico has no special restrictions, it is possible. You may need legal counsel there to prepare the deed and take care of any other formalities required in that state.
Typically, once a purchase & sale agreement is executed, an attorney can then prepare the deed, and represent you at closing, unless the closing takes place entirely by mail. You would only need to execute the deed before a notary public here in Massachusetts.
Re: Selling land in another state
Yes, it is possible to sell land in another state without going there. You will have to sign the deed here and get it notarized and you will have to give someone in NM a limited power of attorney. If you need assistance please feel free to contact me.
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