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MCCMCC Solutions Account Bookkeeping for small landlords

Free tool · New Mexico · Landlords and tenants

New Mexico landlord rules: deposits, notices and the eviction steps

The deposit rules, notice periods, eviction case and small claims limit for New Mexico, each from the state's own pages or courts.

Quick answer. Security deposit return deadline in New Mexico: Within 30 days after the rental agreement ends or the resident leaves, whichever is later: an itemized written list of deductions and the balance; mailing to the last known address counts (47-8-18(C)). Deposit limit: Rental agreements under one year: no more than one month's rent. One year or more: a deposit above one month's rent earns yearly interest paid to the resident (47-8-18(A)).

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