Landlord-Tenant Law Guide

New Mexico Landlord-Tenant Laws

New Mexico's Uniform Owner-Resident Relations Act sets a 1-month deposit cap for leases under one year, 24 hours notice before entry, and a 10% late fee cap.

Key Rules at a Glance

Security Deposit Limit

1 month (lease < 1 year) / no limit (lease ≥ 1 year)

For leases of 1 year or longer, no statutory cap applies.

Deposit Return Deadline

30 days

With itemized written statement of deductions.

Notice to Enter

24 hours

Written notice required before non-emergency entry.

Rent Increase Notice

30 days

Written notice at least 30 days before a rent increase.

Late Fee Cap

10% of monthly rent per week

One of the higher late fee caps in the country.

Nonpayment Eviction Notice

3 days

Written 3-day notice to pay or quit.

Lease Termination (Month-to-Month)

30 days

Either party may terminate with 30 days written notice.

Disclaimer:New Mexico's deposit cap only applies to leases shorter than 1 year. Consult a New Mexico attorney.

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Move-In Report

Document property condition.

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Frequently Asked Questions

What is the security deposit limit in New Mexico?

One month's rent for leases shorter than 1 year. For leases of 1 year or more, there is no statutory cap.

How long does a New Mexico landlord have to return a security deposit?

30 days from move-out, with an itemized written statement of deductions.

How do I evict a non-paying tenant in New Mexico?

Serve a written 3-day notice to pay or quit. If not cured, file for eviction in magistrate court.

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