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New Mexico Residential Lease Agreement

A residential lease agreement in New Mexico sets the rent, the term, and each party's responsibilities in writing. New Mexico caps security deposits at 1 month's rent for leases under one year and requires the deposit back within 30 days after move-out (N.M. Stat. Ann. 47-8-18).

This template walks you through every clause a New Mexico lease should cover: parties, property, rent and due date, security deposit, maintenance, and house rules. Download the finished lease in Word and PDF.

Create your New Mexico residential lease agreementRead the full Residential Lease Agreement guide

New Mexico security deposit rules

New Mexico security deposit rules at a glance
Security deposit cap1 month's rent for leases under one year
Deposit return deadline30 days
StatuteN.M. Stat. Ann. 47-8-18

Verify before you rely on it

Landlord-tenant statutes change, and cities or counties can add stricter local rules. Confirm the current New Mexico requirement in the statute cited above (or with your local court's self-help resources) before signing your lease.

How this template works in New Mexico

Answer guided questions about the parties, the property, the rent, and the deposit, and the lease writes itself in front of you. Select New Mexico as the property's state and the agreement is captioned accordingly.

The form, the live preview, and the full guide live on the main Residential Lease Agreement page.

Residential Lease Agreement in other states