Trying to create a lease agreement that meets New Mexico requirements but can be customized to your situation? Click here: https://bit.ly/3RNFAbV

Understanding the law surrounding leases and eviction is essential for both landlords and tenants in New Mexico. It will help both parties avoid the expense and hassle of litigation. In this video, we address:

Where to find New Mexico’s rental laws
Some of the state’s particular rules
How New Mexico handles evictions

New Mexico landlord tenant act:
https://www.rld.state.nm.us/uploads/f...

New Mexico Renter’s Guide from Legal Aid:
https://www.lanl.gov/careers/diversit...

eForms page on New Mexico lease agreements:
https://eforms.com/rental/nm/

DISCLAIMER:
This video is strictly for educational purposes and is in no way intended to provide legal advice. We do not make any warranties about the completeness, reliability, and accuracy of this information. Any action you take upon the information on this video is strictly at your own risk, and we will not be liable for any losses and damages in connection with the use of our videos.

#rentalproperty #leaseagreement #newmexicoleases


0:00 Intro:
0:25 We'll Discuss:
0:49 Difference Between Rental Laws And Lease Agreements:
1:30 What Are The Areas Where New Mexico's Rental Laws Set Specific Rules:
1:35 Security Deposits:
1:53 Late Fees:
2:03 To Charge Late Fees To Tenants:
2:14 Evictions:
2:29 A Landlord May Initiate The Eviction Process For: