Notice of Intent Not to Renew at End of Specified Term from Landlord to Tenant for Residential Property - New Mexico 2025

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This document is a Notice to Vacate addressed to a tenant, informing them that the landlord does not intend to renew the lease, which expires on a specified date. The tenant is requested to vacate the premises by the lease expiration date. It includes sections for proof of delivery and signatures.
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Schedule a meeting or phone call with your landlord to discuss your rental situation. Begin the conversation by expressing how much youve enjoyed living in the property and that you would like to continue renting for another year if possible.
A Letter of Intent to Renew Lease (or Letter to Request for Extension of Lease) is a document that is used by a person who is renting real property (the renter) to inform their landlord that they would like to renew or extend their lease whether it is for residential or commercial purpose.
Its also important to note that renters must notify the landlord of their plan not to renew by the required timeframe stated in the lease agreement. Failing to do so can result in expensive fees, landing in a month-to-month agreement with a higher monthly rent, or extending the lease for another term.
I am writing to inform you that I will not be renewing our lease agreement, which is due to expire on [Lease End Date]. This letter serves as my official notice to you, in ance with the terms stipulated in our lease agreement which requires a [Notice Period, typically 30 or 60 days] notice for non-renewal.
A letter of intent (LOI), also known as a term sheet, sets the stage for a lease. Signed by both the owner and tenant, the LOI indicates that both parties intend to go through with a lease, and includes terms that are fundamentally important to the tenants operation, such as rent and ten- ant improvements.

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A real estate letter of intent (LOI) is the skeleton from which a lease is drafted by the landlords attorney. The letter of intent reduces to writing a preliminary understanding of parties who intend to enter into a contract, including contracts to purchase real property.
The lease or agreement should contain the following: Rental period. The agreement may be month-to-month or for a specific time period, such as one year. If you rent on a month-to-month basis, you must give the landlord 30 days notice when you plan to move.
How to Write a Lease Renewal Letter Tenants name. Rental property address. Lease expiration date. Lease renewal date. New lease term (if switching to a month-to-month lease) Response deadline (usually 30 days before the lease end date) Contact information for lease renewal.

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