A New Mexico rental application is a form a landlord uses to obtain personal information from a potential tenant to rent their property. The landlord then screens the tenant with a background, credit, or rental history check to determine whether to approve or deny the potential renter.
A New Mexico rental application is a form a landlord uses to obtain personal information from a potential tenant to rent their property. The landlord then screens the tenant with a background, credit, or rental history check to determine whether to approve or deny the potential renter.
Application Fee – There is no maximum amount a landlord may charge for an application.
Security Deposit – For a one-year lease, the maximum security deposit is one year. The landlord may charge more for leases over one year; however, they will be responsible for paying the tenant back interest. (§ 47-8-18(A))
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