New Mexico · Step-by-step guide

How to sign a compliant New Mexico lease.

A practical walkthrough of the six things a New Mexico landlord must get right, in order, before and after signing.

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1. Confirm the deposit cap

1 month's rent (leases under 1 year). Statutory cite: N.M. Stat. § 47-8-18.

2. Set late-fee terms correctly

Capped at 10% of monthly rent

3. Plan entry notice

Give at least 24 hours' notice before entering the unit outside an emergency.

4. Give correct termination notice

30 days (month-to-month) for a month-to-month tenancy.

5. Attach every required disclosure

Lead-based paint, Landlord/agent identity.

6. Return the deposit on time

30 days. Statutory cite: N.M. Stat. § 47-8-18.

New Mexico guide FAQs

What order should a New Mexico landlord follow before signing a lease?
Confirm the deposit cap, set a compliant late fee, plan entry-notice language, set the correct termination notice, attach every required disclosure, and confirm the deposit-return timeline — in that order.
Where can I find the full list of New Mexico required disclosures?
See the full disclosure list on the New Mexico state page, or browse disclosure requirements by topic across all states.

Related New Mexico resources