New Mexico property management software.
AI-native property management for every US state. Here is the New Mexico compliance profile included with Forge -- every value cited to its statute.
Included -- every value cited to its statute.
Each value below is drawn directly from the cited statute and maintained to the best of our ability; it has not been reviewed by an attorney. Fields we could not source are left out rather than guessed. You remain responsible for complying with the current statutes -- verify before you rely on any value here.
New Mexico landlord-tenant rules Forge tracks
- Security-deposit return
- Within 30 days of move-out
- Maximum security deposit
- 1 month(s) of rent
- Deposit interest
- Interest owed to tenant (see statute for rate)
- Late-fee cap
- Up to 5% of past-due rent
- Rent-increase notice (month-to-month)
- 30 days
- Termination notice (month-to-month)
- 30 days
- Notice before landlord entry
- 24 hours
- Pay-or-quit / cure period
- 3 days
- Manager / broker license
- Generally required to manage for others
Extra protected classes: beyond the federal Fair Housing Act, New Mexico also protects ancestry, sexual orientation, gender identity, spousal affiliation, pregnancy or childbirth related condition. Forge's fair-housing checks account for this.
Required lease disclosures
- Owner/manager identification (47-8-19)
- Itemized rental-cost disclosure in listings (47-8-19.1, new 2025)
- Screening/application fee disclosure, capped at $50 (47-8-19.2, new 2025)
- Background-check copy right (47-8-19.3, new 2025)
Sources
- NMSA 1978 47-8-18(C) (30-day deposit return, single deadline covers itemization + balance)
- NMSA 1978 47-8-18(A)(1)-(2) (deposit: <1yr lease capped at 1 month; >=1yr lease uncapped but interest-triggering if it exceeds 1 month rent, at the -- now obsolete -- federal home loan bank board passbook rate)
- NMSA 1978 47-8-15(D) (late fee capped at 5% of rent per default period, REDUCED from 10% eff. 6/20/2025, Laws 2025 ch. 122/SB 267)
- NMSA 1978 47-8-15(F) (30-day rent-increase notice; distinct 60-day rule for OTHER recurring fee increases at 47-8-19.4, new 2025)
- NMSA 1978 47-8-37(A)-(B) (30-day termination notice)
- NMSA 1978 47-8-24(A)-(B) (24-hour written entry notice)
- NMSA 1978 47-8-33(D) (3-day pay-or-quit; Cheng v. Rabey, 2023-NMCA-013, holds the 3 days must fully elapse before filing)
- NMSA 1978 61-29-1 / 61-29-2 (broker license; owner and bona fide employee exemptions)
- NMSA 1978 28-1-7 / 28-1-9 (protected classes; limited small-landlord exemption)
Last reviewed: 2026-07-09
Software assistance, not legal advice.
Forge helps you track deadlines and generate documents, but it is not a law firm and does not provide legal advice. Any statutory values shown are assistive guidance we maintain to the best of our ability; you remain responsible for complying with the current New Mexico statutes whether or not our values are correct. Always verify the current statutes and consult a licensed New Mexico attorney before acting on a specific situation.
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