This office lease provision states that the parties desire to allocate certain risks of personal injury, bodily injury or property damage, and risks of loss of real or personal property by reason of fire, explosion or other casualty, and to provide for the responsibility for insuring those risks permitted by law.
New Mexico Provision Allocation Risks and Setting Forth Insurance Obligations of Both the Landlord and the Tenant
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FAQ
Upon termination of the tenancy, landlords may deduct from the security deposit any remaining rent that is due and the cost of repairs for damages caused by the tenant.
Required Landlord Disclosures in New Mexico Under New Mexico law, landlords must disclose specific information to tenants (usually in the lease or rental agreement), such as the identity of anyone authorized to act on the landlord's behalf.
Section 47-8-37 - Notice of termination and damages. A. The owner or the resident may terminate a week-to-week residency by a written notice given to the other at least seven days prior to the termination date specified in the notice.
Required for Tenancy Agreement New Mexico landlord tenant law NMSA 1978, § 47-8-19. (A) requires all tenancy agreements to contain the following details: Name and address of person authorized to manage the property. Name and address or property owner or owner's agent (person authorized to act on behalf of owner)
A Rental Unit Must Be a Clean And Safe Place To Live. If there are pets on the property, then all animal waste must be properly disposed of regularly. Landlords must make sure the home has services that are provided to it, including water, heat, and pest control.
New Mexico is a somewhat landlord-friendly state. New Mexico has no limits for what landlords may charge for rent and may file for eviction sooner than in other states.
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.