New Mexico transfer tax
New Mexico has no real estate transfer tax, deed tax or documentary stamp tax. No county or city adds one either, so a home sale owes only ordinary recording fees.
No local transfer taxes.
Selling in New Mexico?
Transfer tax is usually the second-biggest closing cost after the agent's commission. Comparing agents' fees often saves more than any exemption.
Common exemptions
- Not applicable – no transfer tax
Questions
Does New Mexico have a transfer tax?
No. Neither the state nor any county or city levies a real estate transfer tax.
What do you pay to record a deed in New Mexico?
Only the county clerk recording fee, a small flat charge per document.
Sources
Last checked October 13, 2026. Rates in effect for residential sales; commercial, leasehold and entity transfers can differ. Always confirm with your title company or closing attorney before closing.