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New Mexico Leases and Rental Agreements Laws


More Information on Lease and Rental Agreement Laws

Code Section28-1-7(G); 47-8-15, 18, 37
Terms of LeasesHoldover converts to month-to-month tenancy unless tenant pays weekly, then week-to-week
DepositsIf 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
DiscriminationNo discrimination on basis of race, religion, color, national origin, ancestry, sex, or physical or mental handicap
Uniform Residential Landlord & Tenant Act Adopted?Yes

Note: State laws are constantly changing -- contact an attorney or conduct your own legal research to verify the state law(s) you are researching.

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