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There is no rent control in New Mexico. That means landlords can charge as much rent as they want and increase it as often as they wish to at the end of a lease agreement, as long as they provide proper notice.
Is New Mexico a tenant-friendly state?
Every New Mexico tenant has the legal right to seek proper and fair housing without any kind of discrimination against them. The New Mexico landlord-tenant law also allows them to request required repairs for the unit (If it needs them).
Is New Mexico a landlord-friendly state?
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.
What is the standard residential lease agreement in New Mexico?
A New Mexico standard residential lease agreement is the contract by which a tenant is permitted to rent a landlords property. The document governs the rights and obligations of the parties and establishes the specifics of the rental.
How do I get out of a lease in New Mexico?
New Mexico landlord tenant laws require that either party provide the New Mexico 30-day notice to vacate to your other tenant seeking the landlord to terminate your lease. Your request must include one of the following: A copy of a protection order against domestic violence, harassment, stalking, or sexual assault.
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