Prepare Legal New Mexico Residential Leases Forms For Free

Ing to the New Mexico Statutes (Chapter 47) and the New Mexico Uniform Owner-Resident Relations Act, a written rental agreement is required for leases longer than one year. If the lease term is less than one year, the lease may be oral.

A New Mexico month-to-month rental agreement is a legal document that is created between a landlord and tenant that allows either party to cancel the contract with 30 days' notice. The document offers the same protections by law for both parties as a standard lease.

A tenant can withhold rent (§ 47-8-27.1, § 47-8-27.2) if a landlord neglects to address habitability problems with the property. The tenant must have written proof that they made the landlord aware of the problem seven days prior.

It is not necessary to notarize a New Mexico residential lease agreement. However, whilst this might not be a legal requirement in New Mexico state, signees are still advised to consider this step to provide further legal enforceability.

Tenancy agreements shall include, but not be limited to, the following: (1) name of tenant; (2) property address or legal description including unit number (if unit number is applicable); (3) rent amount; (4) security deposit and other deposit amounts; (5) when and where rent is to be paid; (6) date property possession ...

Ing to the Fair Housing Act and the New Mexico landlord-tenant laws, the tenant cannot be discriminated against for their sexual orientation, national origin, religion, disability, race, color, or sex.