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New Mexico lease setup checklist.
Print this and check off each item before you send a New Mexico lease to a tenant. It's free, and it works whether or not you use LeaseSigning.
New Mexico required steps
Confirm the security deposit cap
1 month's rent (leases under 1 year) (N.M. Stat. § 47-8-18).
Set a lease-compliant late fee
Capped at 10% of monthly rent
Plan entry-notice language
Give at least 24 hours' notice before entering, absent an emergency.
Set month-to-month termination notice
30 days (month-to-month).
Attach every required disclosure
Lead-based paint, Landlord/agent identity.
Plan deposit return timing
30 days (N.M. Stat. § 47-8-18).
Collect state-specific lease fields
Property owner legal name, Property manager (if any).
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This checklist is legal information, not legal advice. Consult an attorney licensed in New Mexico for property-specific questions.