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Commonly Asked Questions about New Mexico Residential Leases

New Mexico has generally been seen as a balanced state with respect to landlord tenant laws. This can be shown by parts protecting tenants from owners taking security deposits, turning off utilities, locking out a tenant and not giving proper notice.
Landlords in New Mexico may initiate evictions for various reasons. These include not paying rent on time, bdocHubing lease terms, causing docHub damage to the property, engaging in illegal activities, or staying beyond the lease term without renewal.
In New Mexico, there are no state-specific rent control laws limiting how much a landlord can increase rent. Landlords must provide a 30-day notice for rent increases on month-to-month leases, and rent cannot be increased during a fixed-term lease unless specifically allowed by the lease terms.
It is illegal for a landlord to evict a tenant without a court order by doing any of the following: Changing locks. Disconnecting electricity, water or gas.
Top 10 Tenant-Friendly States Massachusetts. Despite Massachusetts being the sixth-smallest state by land area, it comes in first for being the best place to rent. Connecticut. Rhode Island. Minnesota. New York. Oregon. South Dakota. Arizona.
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.
A fixed-term lease is the most traditional lease. Theyre called fixed term because tenants and landlords are agreeing to abide by the lease for a fixed amount of time, normally six to 14 months.
Explanation: A gross lease is a type of lease agreement where the landlord pays all the property expenses, including the property taxes, insurance, maintenance, and repairs. This type of lease is most often used with residential property (Option A).