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).
Lease agreement for another state
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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.