Complete a New Mexico Deed of Trust if you want to secure the loan you gave to a trustor to buy real estate. As stated by the New Mexico Statutes, a Deed of Trust is a document by way of mortgage that is executed in accordance with the law, that grants (or mortgages) a trust real estate to a qualified trustee to secure the performance of the contract (NM Stat § 48-10-3). In this section, you can also find definitions of terms such as "trust real estate," "trustee," "trustor," and more. It can be helpful if you are preparing a Deed of Trust but have never come across these terms before.
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