Top Dollar Marketing
← All states

New Mexico Residential Lease Agreement

Create a residential lease built for New Mexico, including the disclosures the state requires. Fixed-term or month-to-month, free PDF download, no signup.

Verified against New Mexico statute · 2026-06-11

New Mexico lease rules at a glance

Security deposit limit
1 month's rent for a lease under 1 year. For a lease of 1 year or longer there's no structural cap, but charging more than 1 month triggers a requirement to pay the tenant annual interest on the deposit (NMSA §47-8-18).
Deposit return window
Within 30 days, with an itemized statement; bad-faith retention forfeits withholding rights and triggers a $250 statutory penalty plus attorney's fees (NMSA §47-8-18).
Notice (month-to-month)
30 days for a month-to-month tenancy (NMSA §47-8-37).
Rent control
Rent control is prohibited statewide (NMSA §47-8A-1).

Required disclosures in New Mexico

  • Lead-based paint disclosure (federal law — required for any housing built before 1978).
  • Owner/manager disclosure — the name, physical address, and telephone number of the person authorized to manage the premises and the owner or agent who receives notices (NMSA §47-8-19).

New Mexico required disclosures

  • Lead-based paint disclosure (federal law — required for any housing built before 1978).
  • Owner/manager disclosure — the name, physical address, and telephone number of the person authorized to manage the premises and the owner or agent who receives notices (NMSA §47-8-19).

Output language

Starting template, not legal advice. Lease law varies by state and changes — have an attorney review before you sign.

Frequently Asked Questions

What disclosures are required in a New Mexico lease?
Lead-based paint disclosure (federal law — required for any housing built before 1978). Owner/manager disclosure — the name, physical address, and telephone number of the person authorized to manage the premises and the owner or agent who receives notices (NMSA §47-8-19). Confirm current requirements with New Mexico's landlord-tenant law.
How much can a landlord charge for a security deposit in New Mexico?
1 month's rent for a lease under 1 year. For a lease of 1 year or longer there's no structural cap, but charging more than 1 month triggers a requirement to pay the tenant annual interest on the deposit (NMSA §47-8-18). The deposit must be returned within: Within 30 days, with an itemized statement; bad-faith retention forfeits withholding rights and triggers a $250 statutory penalty plus attorney's fees (NMSA §47-8-18).
How much notice to end a month-to-month lease in New Mexico?
30 days for a month-to-month tenancy (NMSA §47-8-37).
Renting as a business in New Mexico? Get your New Mexico License Checklist and check a name with Business Name Search.

Lease agreement for another state

This template is a starting point for residential leases in New Mexico, USA. It is not legal advice. Lease law varies by state and changes — confirm requirements with New Mexico and have an attorney review it before signing.