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NM · SUBLEASE-AGMT · Updated July 2026 · Free

New Mexico Sublease Agreement

Review Status: PendingAuthor: Editorial TeamMethodology: Statutory Verification

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New Mexico at a glance: Landlord Consent: Required if specified in lease · Deposit Limit: 1 month's rent (leases under 1 year) · Deposit Return: 30 days after subtenant vacates

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Overview

Sublease Agreements in New Mexico

New Mexico subleases are governed by the Owner-Resident Relations Act. Landlord consent is required if specified in the lease.
Key Facts

New Mexico Sublease Agreement — Quick Reference

RequirementNew Mexico Rule
Landlord ConsentRequired if specified in lease
Deposit Limit1 month's rent (leases under 1 year)
Deposit Return30 days after subtenant vacates
Legal Requirements

New Mexico Legal Requirements

  • Security deposit must be returned within 30 days of move-out.
Governing Laws

New Mexico Governing Laws

N.M. Stat. § 47-8-18
Deposits
Caps deposits and mandates 30-day refund.

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 Sublease Agreement — Frequently Asked Questions

What is the deposit refund deadline in New Mexico?

The deposit must be returned within 30 days.