The Affidavit of Gift of Motor Vehicle NM is essential when transferring vehicle ownership as a gift in New Mexico. This document is typically used between family members or related parties who wish to transfer vehicle ownership without sale. It must include specific details about the vehicle (VIN, make, model, year), the parties involved, and current odometer reading. The affidavit helps establish tax exemption status for the transfer and must be submitted to the New Mexico Motor Vehicle Division along with other required documentation for title transfer.
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1. Title and Introduction: Document identification and state jurisdiction
2. Donor Information: Full legal name and contact details of the person gifting the vehicle
3. Recipient Information: Full legal name and contact details of the person receiving the vehicle
4. Vehicle Information: Complete vehicle details including VIN, make, model, year
5. Gift Declaration: Statement confirming transfer without monetary consideration
6. Odometer Disclosure: Current mileage reading and certification
7. Signatures: Donor and recipient signatures with dates
8. Notary Section: Notary public verification and seal
1. Family Relationship Declaration: Statement of family relationship between donor and recipient, used when transfer is between family members
2. Lien Release: Statement confirming vehicle is free from liens, used when vehicle previously had liens
1. Vehicle Registration Documents: Copies of current registration papers
2. Title Documentation: Copy of current vehicle title
3. Photo Documentation: Pictures of vehicle condition (optional but recommended)
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