NM landlord resources
Bookkeeping and reporting in New Mexico
Track deposit liabilities, operating costs and monthly reporting.
Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.
New Mexico: Security deposits
N.M. Stat. 47-8-18(A)(2): for agreements under one year, deposit may not exceed one month's rent. For one year or more there is no dollar cap, but a deposit over one month's rent requires annual passbook-rate interest (47-8-18(A)(1)). Itemized statement/balance due within 30 days (47-8-18(C)-(D)).
For annual agreements where the deposit exceeds one month's rent, the owner must pay annual passbook-rate interest (N.M. Stat. 47-8-18(A)(1)).
The uploaded dataset lists a deposit-return period of 30 days. Review the cited rule for the applicable conditions and timing.
Sources supplied for New Mexico
Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.
- N.M. Stat. § 47-8-18 (security deposit)
Dataset verification date: 2026-11-06
- N.M. Stat. § 47-8-33 (termination; 3-day nonpayment, 7-day violation)
Dataset verification date: 2026-11-06
- N.M. Stat. § 47-8A-1 (rent-control prohibition)
Dataset verification date: 2026-11-06
Offices listed in the dataset
- New Mexico Department of Justice (Attorney General)Attorney General
- Housing New Mexico (Mortgage Finance Authority)Housing Agency