NM · M2M-LEASE · Updated July 2026 · Free
New Mexico Month-to-Month Rental Agreement
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New Mexico at a glance: Notice to Terminate: 30 days' notice · Deposit Refund Timeline: 30 days · Governing Law: N.M. Stat. § 47-8-37
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Overview
Month-to-Month Rental Agreements in New Mexico
New Mexico requires 30 days' written notice to terminate a monthly tenancy.
Key Facts
New Mexico Month-to-Month Rental Agreement — Quick Reference
| Requirement | New Mexico Rule |
|---|---|
| Notice to Terminate | 30 days' notice |
| Deposit Refund Timeline | 30 days |
| Governing Law | N.M. Stat. § 47-8-37 |
Legal Requirements
New Mexico Legal Requirements
- Notice must be in writing.
Governing Laws
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.
Questions & Answers
New Mexico Month-to-Month Rental Agreement — Frequently Asked Questions
Is there a deposit cap in New Mexico?
One month's rent for leases under one year; no cap for leases over one year.