Landlords and property managers
New Mexico Residential Lease Agreement
A plain-language lease for a house or apartment in New Mexico. The deposit, notice, entry and disclosure clauses follow New Mexico statute, cited in the document. Download the blank PDF or e-sign it online; electronic signatures are recognized under the federal ESIGN Act and state UETA laws.
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New Mexico rules in this lease
- Security deposit cap
- No more than one month's rent when the rental agreement is for less than one year; a longer agreement may call for a reasonable larger deposit
- Deposit return
- Within 30 days after the rental agreement ends or the Tenant leaves, whichever is later, the Landlord returns the deposit with an itemized written list of any deductions for unpaid rent and damage beyond ordinary wear.
- Where the deposit is kept
- When the rental agreement is for a year or longer and the deposit is larger than one month's rent, the Landlord pays the Tenant interest on the deposit each year at the passbook rate.
- Ending a month-to-month tenancy
- Either party ends a month-to-month tenancy with written notice given at least 30 days before the periodic rental date named in the notice.
- Landlord entry
- The Landlord gives 24 hours' written notice stating the purpose, date and a reasonable estimate of the time of entry, and needs no notice in an emergency.
- Disclosures
- 4 items, listed below with the section that requires each one
- Statutes
- N.M. Stat. 47-8-18, N.M. Stat. 47-8-37, N.M. Stat. 47-8-24, N.M. Stat. 47-8-19
- Rules read on
- 2026-10-23
A general form, not legal advice, and not a claim that it complies with any law. Rules change and vary by city. Check the statute cited here, or ask a lawyer, before you rely on it.
What is different in New Mexico
Pick New Mexico and four parts of this lease change: the security deposit clause, the notice clause for a month-to-month tenancy, the entry clause and the disclosures checklist, each rewritten from the New Mexico statute. The rest of the document reads the same in every state.
Start with the deposit. New Mexico caps it at one month's rent when the rental agreement is for less than one year; a longer agreement may call for a reasonable larger deposit, and the statute also says where the money sits while the tenant lives there. The return rule, quoted in full below, says when and how the deposit comes back, and requires an itemized statement of anything kept and leaves ordinary wear out of the deductions.
Ending a month-to-month tenancy works the same from both sides in New Mexico. Either party ends a month-to-month tenancy with written notice given at least 30 days before the periodic rental date named in the notice.
Before coming in, the landlord gives notice, and New Mexico puts a number on it. The Landlord gives 24 hours' written notice stating the purpose, date and a reasonable estimate of the time of entry, and needs no notice in an emergency.
The disclosures checklist carries three New Mexico items on top of the federal lead paint notice, among them a copy of any rules and regulations at signing, each with the section that requires it and a line for the landlord's initials.
This row notes no city or county overlay for New Mexico; if the property is in a city with its own rental ordinance, check it before signing. The state clauses follow four sections of New Mexico law, read on October 23, 2026 and listed in the Statutes row above; the same citations print in the footer of the PDF.
Read the New Mexico clauses
The wording below is what prints in the PDF for New Mexico, word for word, under the headings Security deposit, Entry, Ending the lease and default, and Disclosures.
Security deposit
Within 30 days after the rental agreement ends or the Tenant leaves, whichever is later, the Landlord returns the deposit with an itemized written list of any deductions for unpaid rent and damage beyond ordinary wear. The deposit may not exceed one month's rent when the rental agreement is for less than one year; a longer agreement may call for a reasonable larger deposit. When the rental agreement is for a year or longer and the deposit is larger than one month's rent, the Landlord pays the Tenant interest on the deposit each year at the passbook rate.
Entry
The Landlord gives 24 hours' written notice stating the purpose, date and a reasonable estimate of the time of entry, and needs no notice in an emergency.
Ending the lease and default
Either party ends a month-to-month tenancy with written notice given at least 30 days before the periodic rental date named in the notice. If rent is unpaid or a term is broken, the Landlord gives the written notice New Mexico law requires before ending the tenancy, and the Tenant is responsible for rent through the end of the term unless the Premises is re-rented sooner.
Disclosures the Landlord initials
- Lead-based paint and hazards, for a building built before 1978, with the EPA pamphlet (42 U.S.C. 4852d)
- Name, address and phone number of the manager and of the owner or the agent for notices and service of process (N.M. Stat. 47-8-19)
- A copy of the written rental agreement before the Tenant moves in (N.M. Stat. 47-8-20)
- A copy of any rules and regulations at signing (N.M. Stat. 47-8-23)
Footer of the PDF: New Mexico clauses follow N.M. Stat. 47-8-18, N.M. Stat. 47-8-37, N.M. Stat. 47-8-24, N.M. Stat. 47-8-19 as read on 2026-10-23.
New Mexico lease questions
- How much can a landlord charge for a security deposit in New Mexico?
- No more than one month's rent when the rental agreement is for less than one year; a longer agreement may call for a reasonable larger deposit. The cap comes from N.M. Stat. 47-8-18, and the lease repeats it in the deposit clause.
- When does the security deposit come back in New Mexico?
- Within 30 days after the rental agreement ends or the Tenant leaves, whichever is later, the Landlord returns the deposit with an itemized written list of any deductions for unpaid rent and damage beyond ordinary wear.
- Where does a New Mexico landlord keep the deposit?
- When the rental agreement is for a year or longer and the deposit is larger than one month's rent, the Landlord pays the Tenant interest on the deposit each year at the passbook rate.
- How much notice ends a month-to-month tenancy in New Mexico?
- Either party ends a month-to-month tenancy with written notice given at least 30 days before the periodic rental date named in the notice.
- How much notice does a New Mexico landlord give before entering?
- The Landlord gives 24 hours' written notice stating the purpose, date and a reasonable estimate of the time of entry, and needs no notice in an emergency.
- What does a New Mexico landlord have to disclose with the lease?
- Beyond the federal lead paint disclosure for a building built before 1978, the New Mexico checklist has three items: name, address and phone number of the manager and of the owner or the agent for notices and service of process; a copy of the written rental agreement before the Tenant moves in; and a copy of any rules and regulations at signing. Each one names its statute and the landlord initials it in the document.
- Which New Mexico statutes does this lease cite?
- N.M. Stat. 47-8-18, N.M. Stat. 47-8-37, N.M. Stat. 47-8-24 and N.M. Stat. 47-8-19, read on October 23, 2026. They print in the document footer so a reader can check each clause against the statute in a minute.
- Should a lawyer look at this New Mexico lease before I use it?
- It is a general form, not legal advice, and it does not claim to comply with any law. The clauses state what the New Mexico statute requires and name the statute. A lawyer who works with New Mexico landlords can tell you whether the form fits your property, your city and the terms you want to add, which is worth the hour before signing a lease for a large rent or a long term.
Other states
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- Wisconsin
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