Lease Agreement for New Mexico
Generate a lease agreement that complies with New Mexico law — with NM-specific clauses, legal requirements, and jurisdiction-aware protections.
New Mexico legal context
New Mexico's Uniform Owner-Resident Relations Act (NMSA §§ 47-8-1 to 47-8-52) governs most residential rentals. Security deposits are capped at one month's rent for leases under one year (no cap for leases of one year or longer, but interest must be paid for caps over one month) and must be returned within 30 days. New Mexico requires a three-day nonpayment cure-or-quit notice.
Key NM statutes
New Mexico Uniform Owner-Resident Relations Act
NMSA §§ 47-8-1 to 47-8-52
Residential landlord-tenant statute.
Security Deposit
NMSA § 47-8-18
One-month cap for leases under one year; 30-day return; interest required if over one month.
New Mexico-specific considerations
Tiered Deposit Cap
One-month cap for leases under one year; no cap for longer leases (interest required if exceeding one month).
30-Day Deposit Return
Return within 30 days under § 47-8-18.
3-Day Nonpayment Notice
Short cure-or-quit period.
URLTA-Style Statute
New Mexico follows the URLTA structure.
Why this matters in New Mexico
Tiered deposit cap by lease length
30-day deposit return
Interest required on deposits exceeding one month
URLTA-style statute
Frequently asked questions
Lease Agreement in other jurisdictions
Other contracts for New Mexico
Ready to create your New Mexico lease agreement?
Free to start · No credit card required