Property Ownership
In New Mexico, a 'transfer on death deed' (TODD) allows property owners to:
ATransfer property to heirs at death without probate, while retaining full ownership and control during their lifetime✓ Correct
BTransfer property to the state upon death
CEstablish a trust for the property
DTransfer property only to immediate family members
Explanation
New Mexico recognizes transfer on death deeds (TODD). The owner retains full ownership, can revoke the deed anytime, and the named beneficiary automatically receives title upon the owner's death—bypassing probate.
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