A New Mexico month-to-month rental agreement is a contract (not necessarily in writing) for a tenant to rent property from a landlord, one month at a time, in exchange for a fee (“rent”). The agreement renews monthly, until either party gives proper notice to end it.
Basics of a New Mexico Month-to-Month Rental Agreement
In New Mexico, a landlord and tenant create a month-to-month lease by agreeing to rent a property according to acceptable terms. Written agreements are clearer and more reliable in case of disagreement, but month-to-month oral (unwritten) leases are legal.
Parties under a month-to-month lease have full rights under New Mexico landlord-tenant law. The tenant must use the property in a responsible way and pay rent on time. The landlord must ensure the tenant’s quiet enjoyment of the property. This includes keeping critical features of the property in good working condition.
The main difference between a month-to-month lease and a fixed-term lease is that month-to-month leases can be terminated (with proper notice) by either party, for any reason, without penalty. Landlords also can usually modify terms from one month to the next, again with proper notice.
Required Disclosures for Month-to-Month Rentals in New Mexico
New Mexico landlords may not rent a property out without making the following disclosures to a potential tenant, as relevant:
- Landlord’s Name and Address – Leases must give the landlord’s name and address, or that of their authorized agent. This allows required communication (for example, about repairs) to happen in a smooth way. Typically includes additional contact information, such as phone numbers and email addresses.
- Late Fee Disclosure – New Mexico only enforces late fees agreed in the lease, including the fee amount and the timeline for charges.
- Lead-Based Paint – Landlords must provide an EPA-approved disclosure and informational pamphlet to tenants renting any property built before 1978.
Required Notice To End a Month-to-Month Rental in New Mexico
New Mexico lets both the landlord or tenant end a month-to-month lease with at least 30 days of advance notice. In general, it’s valid to end a month-to-month lease for any reason that isn’t landlord retaliation.
New Mexico requires written notice to end a month-to-month lease. In general, notice must be mailed to a party’s address of record, or delivered by hand.
Required Notice To Raise the Rent on a New Mexico Month-to-Month Lease
New Mexico requires at least 30 days of advance notice to raise the rent. Notice must be in writing, either hand-delivered or mailed to the address of record.
Eviction in New Mexico Month-to-Month Rentals
New Mexico tenants may get evicted if they violate lease terms or stay on the property after the notice period allowed by a valid termination. Evictions in New Mexico typically take two to seven weeks.
For more information on the eviction process in New Mexico, click here.
Sources
- 1 N.M. Stat. § 47-8-37(A) & (B)
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A. The owner or the resident may terminate a week-to-week residency by a written notice given to the other at least seven days prior to the termination date specified in the notice.
B. The owner or the resident may terminate a month-to-month residency by a written notice given to the other at least thirty days prior to the periodic rental date specified in the notice.
Source Link - 2 N.M. Stat. § 47-8-13(C)
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A person receives a notice or notification:
(1) when it comes to his attention;
(2) where written notice to the owner is required, when it is mailed or otherwise delivered at the place of business of the owner through which the rental agreement was made or at any place held out by him as the place for receipt of the communication; or
(3) if written notice to the resident is required, when it is delivered in hand to the resident or mailed to him at the place held out by him as the place for receipt of the communication, or in the absence of such designation, to his last known place of residence.
Source Link - 3 N.M. Stat. § 47-8-15(F)
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An owner may increase the rent payable by the resident in a month-to-month residency by providing written notice to the resident of the proposed increase at least thirty days prior to the periodic rental date specified in the rental agreement or, in the case of a fixed term residency, at least thirty days prior to the end of the term. In the case of a periodic residency of less than one month, written notice shall be provided at least one rental period in advance of the first rental payment to be increased.
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