A New Mexico lease termination letter for a landlord is a legally binding document that enables the landlord to notify the tenant about their intention to terminate the lease agreement. This letter consists of important details regarding the termination process and ensures both parties fully understand their obligations and rights. Key phrases for relevant keywords: New Mexico lease termination letter, landlord, termination process, tenant, lease agreement, obligations, rights. There are several types of New Mexico lease termination letters for landlords, including: 1. New Mexico 30-Day Lease Termination Letter for Landlord: This letter is used when the landlord wants to terminate the lease agreement with a 30-day notice. It allows the tenant to vacate the premises within 30 days from the date of receipt of the notice. 2. New Mexico 7-Day Cure or Quit Notice: This type of termination letter is used when the tenant violates the lease terms or fails to fulfill their obligations. The letter provides the tenant with seven days to correct the violation or vacate the property. 3. New Mexico 3-Day Notice to Quit: In case of severe lease violations such as non-payment of rent, illegal activities, or damages caused by the tenant, the landlord can issue a 3-day notice to quit. This letter gives the tenant three days to resolve the issue or move out. 4. New Mexico Termination for Month-to-Month Tenancy: When the lease agreement is on a month-to-month basis, either the landlord or the tenant can terminate the tenancy by providing a written notice in advance. This letter specifies the termination date and allows the tenant to prepare for moving out. In summary, a New Mexico lease termination letter for a landlord is a crucial legal document used to formally notify a tenant about the intention to terminate the lease agreement. Different types of termination letters exist, including the New Mexico 30-Day Lease Termination Letter, 7-Day Cure or Quit Notice, 3-Day Notice to Quit, and Termination for Month-to-Month Tenancy. These letters help protect the rights and obligations of both landlords and tenants in New Mexico.