State Landlord Laws

New Mexico Landlord
Tenant Laws

Security deposit limits, notice requirements, rent control status, and the forms you need as a New Mexico landlord.

New Mexico Landlord-Tenant Law at a Glance

Security Deposit Limit
1 month (month-to-month) / no limit (longer leases)

For month-to-month tenancies, maximum is 1 month's rent (NMSA § 47-8-18). No statutory limit for longer-term leases. Must be returned within 30 days.

Notice Requirements
3 days (nonpayment) / 7 days (other violations) / 30 days (month-to-month)

3-day notice to pay or quit for nonpayment. 30-day notice to terminate a month-to-month tenancy.

Rent Control
No

New Mexico has no statewide rent control. Santa Fe has discussed rent stabilization but has not enacted it.

Required Disclosures
  • Move-in condition form
  • Landlord's name and address (NMSA § 47-8-19)
  • Lead paint disclosure (pre-1978)
Eviction Timeline
3–6 weeks

New Mexico's eviction process (Petition for Restitution of Premises) typically takes 3–6 weeks from filing to writ.

New Mexico Lease Agreement

Get an attorney-reviewed, state-specific lease for New Mexico — includes all required disclosures and clauses.

Get New Mexico Lease Forms →

Tools for New Mexico Landlords

The same trusted tools — screening, management, insurance, and banking — relevant for New Mexico landlords.

Property Management

Our Pick
TurboTenant
Free property management software

List your rental on 40+ sites, screen tenants, collect rent online, and manage maintenance requests — all in one place. Genuinely free for landlords.

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Tenant Screening

Avail
Tenant screening + lease signing + rent collection

Full-featured platform from Realtor.com. Order credit, criminal, and eviction reports, sign leases online, and set up automatic rent collection.

Screen Tenants
SmartMove
Credit, criminal & eviction reports by TransUnion

Industry-standard tenant background checks. Applicants pay the fee directly — you get the report. FCRA-compliant and accepted by most courts.

Run a Check

Legal Forms

EZ Landlord Forms
State-specific lease agreements

Attorney-reviewed lease templates for all 50 states. Includes move-in checklists, rent increase notices, eviction notices, and more.

Get Lease Forms

Insurance

Steadily
Landlord insurance in minutes

Get a landlord insurance quote online in under 5 minutes. Covers rental income loss, liability, and property damage — designed specifically for rental properties.

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Banking & Finance

Baselane
Banking built for landlords

Separate your rental finances from personal accounts. Collect rent, track expenses by property, and generate tax-ready reports — all from one landlord-specific bank account.

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Find Local Contractors in New Mexico

Get quotes from vetted plumbers, electricians, HVAC techs, handymen, and more near your New Mexico rental property.

Find Local Contractors

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