THE BUSINESS OF REAL ESTATE

NM landlord resources

Lease preparation education in New Mexico

Review the lease documents and local requirements with a qualified attorney.

Dataset review pending. These supplied references have not been independently verified. Educational information only, not legal, tax or financial advice.

Calvin Cannon Jr. at his desk with a Philadelphia board behind him
Calvin Cannon Jr., The Business of Real Estate. Coaching photograph, not a property in New Mexico.

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.

New Mexico: Lease disclosures and receipts

Lead paint (federal)

Sources supplied for New Mexico

Dates below are verification dates claimed in the uploaded dataset, not a new review by Calvin's team.

Offices listed in the dataset

Landlord education in New Mexico