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New Mexico Leases and Rental Agreements

Code Section
28-1-7(G); 47-8-15, 18, 37

Terms of Leases
Holdover converts to month-to-month tenancy unless tenant pays weekly, then week-to-week

Deposits
If term is under one year, then limit is 1 month rent; interest on deposit required if landlord demands deposit in excess of 1 month rent; deposit must be returned within 30 days of termination or departure, whichever is later

Discrimination
No discrimination on basis of race, religion, color, national origin, ancestry, sex, or physical or mental handicap

Uniform Residential Landlord & Tenant Act Adopted
Yes


Inside New Mexico Leases and Rental Agreements