📜 State Law Guide • Updated January 2025
New Mexico Landlord Tenant Laws 2025
New Mexico's Uniform Owner-Resident Relations Act provides a balanced framework with clear timelines for notices and deposit returns.
Banned
Rent Control
1 Month (<1yr)
Deposit Limit
30 days
Deposit Return
3-7 days
Eviction Notice
Security Deposit Rules
- Limit (Short Term): 1 month rent for leases under 1 year.
- Limit (Long Term): Reasonable amount for leases 1 year or more.
- Interest: Must pay interest if deposit > 1 month rent (on annual leases).
- Return Deadline: 30 days after lease end and delivery of possession.
- Itemization: Written itemized list required for deductions.
Eviction Process
New Mexico has specific notices for different types of violations.
| Reason | Notice Required | Details |
|---|---|---|
| Non-payment of rent | 3 days | Pay or Quit |
| Lease Violation | 7 days | To cure; if repeated, 7 days to quit |
| Substantial Violation | 3 days | No right to cure (drugs, theft) |
| Month-to-month End | 30 days | Prior to next rental date |
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