Month-to-Month Laws
Termination Notice – A written notice must be given 30 days before terminating the lease. (§ 47-8-37(B))
Increasing Rent – A 30-day notice must be given before the landlord may increase rent. (§ 47-8-15(F))
A New Mexico month-to-month lease agreement is a legal document that allows a short-term tenant to rent a property from a landlord. This flexible lease allows tenants and landlords to renew their lease monthly and terminate the lease with just a 30-day notice. The lease contract includes the rent price, due dates, security deposit amount, and other fees and must be signed by both parties.
A New Mexico month-to-month lease agreement is a legal document that allows a short-term tenant to rent a property from a landlord. This flexible lease allows tenants and landlords to renew their lease monthly and terminate the lease with just a 30-day notice. The lease contract includes the rent price, due dates, security deposit amount, and other fees and must be signed by both parties.
Termination Notice – A written notice must be given 30 days before terminating the lease. (§ 47-8-37(B))
Increasing Rent – A 30-day notice must be given before the landlord may increase rent. (§ 47-8-15(F))