New Mexico landlord forms / Lease Renewal Agreement
New Mexico Lease Renewal Agreement
$19Extend an existing tenancy for a new term without redrafting the whole lease — set the new dates and rent, note any other changed terms, and everything else from the original lease stays in force.
Core state figures — deposit caps, notice periods, entry rules — independently verified by a licensed U.S. attorney.
What New Mexico law requires
- Security deposit cap
- 1 month' rentNMSA 1978 § 47-8-18(A) · source
- Deposit return deadline
- 30 days after move-outNMSA 1978 § 47-8-18(C)-(E) · source
- Month-to-month termination notice
- 30 daysNMSA 1978 § 47-8-37(A)-(B) · source
- Pay-or-quit notice (late rent)
- 3 daysNMSA 1978 § 47-8-33(D), (H) · source
- Landlord entry notice
- 1 dayNMSA 1978 § 47-8-24(A)-(B) · source
- Late fee guidance
- 5% of monthly rentNMSA 1978 § 47-8-15(D) · source
Frequently asked questions
Do I need this instead of a new lease?
If the tenant is staying and most terms are unchanged, a renewal is simpler than a full new lease. If a lot is changing (new tenants, major rule changes), a fresh lease is cleaner.
Can I raise the rent with this document?
Yes — set the new monthly rent for the renewal term. Some states cap how much or how often rent can increase; verify your state's rule before finalizing the amount.
Need more than one document?
The Complete Landlord Pack includes this document plus 5 more for New Mexico, with unlimited edits for 12 months.
See the New Mexico pack