New Mexico Commercial Lease Agreement PDF
New Mexico at a glance: Eviction Notice: 3 days' notice to pay (N.M. Stat. § 47-8-33) · Security Deposit: No statutory commercial limits · Governing Law: New Mexico Statutes Chapter 47
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Commercial Lease Agreements in New Mexico
New Mexico commercial leases are governed by Chapter 47 of the New Mexico Statutes. Landlords must issue a 3-day notice to pay before filing an eviction (N.M. Stat. § 47-8-33).
New Mexico Commercial Lease Agreement — Quick Reference
| Requirement | New Mexico Rule |
|---|---|
| Eviction Notice | 3 days' notice to pay (N.M. Stat. § 47-8-33) |
| Security Deposit | No statutory commercial limits |
| Governing Law | New Mexico Statutes Chapter 47 |
New Mexico Legal Requirements
- Notice to pay must strictly comply with New Mexico's 3-day timeline.
New Mexico Governing Laws
Read the full text of these laws at Cornell Law School's New Mexico legal resources or your state legislature's official website.