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New Mexico Lease Agreements

Create a legally compliant New Mexico lease agreement that includes all state-required disclosures and clauses. Choose the document type that fits your rental situation, fill out the guided form, and download your professional PDF for $7.99.

New Mexico Lease Law Requirements Summary

Security Deposit Limit 1 month rent (leases under 1 year); no limit for leases of 1 year or more
Deposit Return Deadline 30 days
Late Fee Cap 10% of the monthly rent
Grace Period No statutory grace period
Landlord Notice (Month-to-Month) 30 days written notice by either party (NMSA 47-8-37)
Tenant Notice (Month-to-Month) 30 days
Entry Notice 24 hours

New Mexico landlord-tenant law is governed by the New Mexico Uniform Owner-Resident Relations Act, NMSA 1978 §§ 47-8-1 through 47-8-51. Landlords must provide required disclosures including Lead-based paint disclosure (federal law, pre-1978 housing), Owner or agent identity and address for notices (NMSA 47-8-19), Written disclosure of all move-in fees and their refundability, and more. Security deposits are capped at 1 month rent (leases under 1 year); no limit for leases of 1 year or more and must be returned within 30 days of tenancy termination. Our documents are designed to comply with New Mexico law and include all required provisions.

Frequently Asked Questions

Do I need a written lease agreement in New Mexico?

While oral agreements may be enforceable for short-term leases, New Mexico law strongly favors written lease agreements. A written lease protects both landlord and tenant by clearly documenting terms, responsibilities, and required disclosures under the New Mexico Uniform Owner-Resident Relations Act, NMSA 1978 §§ 47-8-1 through 47-8-51. New Mexico requires landlords to include specific disclosures such as Lead-based paint disclosure (federal law, pre-1978 housing) and Owner or agent identity and address for notices (NMSA 47-8-19), which must be in writing.

What are New Mexico's security deposit rules?

In New Mexico, the security deposit is capped at 1 month rent (leases under 1 year); no limit for leases of 1 year or more. Landlords must return the deposit within 30 days after the tenancy ends. Interest on security deposits is required by state law. Deductions must be itemized in writing.

How much does a New Mexico lease agreement cost?

Each lease agreement costs $7.99. Choose your document type, fill in your details through our guided form, and download your completed, New Mexico-compliant PDF instantly. Re-download available for 5 days.

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State-specific clauses, required disclosures, and professional formatting included. Download your PDF instantly for $7.99.

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