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Free template · New Mexico · updated 2026

New Mexico Residential Lease Agreement Template

A New Mexico-compliant lease with every disclosure the state requires built in, not bolted on — 4 state-specific clauses plus 11 universal ones. Fill it in, e-sign it, and it lives with the tenant record.

Free forever · e-signature included · reviewed against New Mexico Statutes, Chapter 47, Article 8 (Uniform Owner-Resident Relations Act)
One month’s rentSecurity deposit capNMSA § 47-8-18
30 daysDeposit returnafter move-out
≤10%Late fee rule10% of the rent per rental period
3 daysNotice for non-paymentNMSA §§ 47-8-33, 47-8-37

What a New Mexico lease must include

New Mexico ties its deposit cap to the lease length: one month’s rent for leases under a year, while a landlord who takes more on a longer lease must pay interest on it (NMSA § 47-8-18). Late fees are capped at 10% of the rent.

These are the clauses and disclosures our New Mexico template carries. Each cites the statute it comes from; the ones marked checkbox are filled from your property's answers.

Security deposit limit noticeUnder the New Mexico Uniform Owner-Resident Relations Act, the security deposit may not exceed one (1) month's rent for...NMSA §47-8-18(A)
Security deposit return termsWithin thirty (30) days after termination of the tenancy and Tenant's delivery of possession to Landlord, Landlord shall...NMSA §47-8-18(C)
Late fee capUnder NMSA §47-8-15(B), any late fee charged for rent not paid by the due date may not exceed ten percent (10%) of the r...NMSA §47-8-15(B)
Repair & habitability noticeNew Mexico recognizes an implied warranty of habitability under NMSA §47-8-20. Landlord covenants to: (a) substantially...NMSA §§47-8-20, 47-8-27
Universal clauses (11)Lead-based paint (pre-1978), pets, utilities, entry, subletting, holdover, notices, signatures — the parts every state shares.

How it works

1 · Answer eight questionsProperty, unit, tenant, rent, deposit, term, pets, utilities. The New Mexico checkboxes come from your property record.
2 · Review the leaseEvery New Mexico clause is in place with its statute. Edit any paragraph; required disclosures can't be removed by accident.
3 · E-sign & collect rentTenant signs on their phone. The signed PDF, autopay and the move-in checklist attach to the tenant automatically.

New Mexico lease FAQ

Does New Mexico cap security deposits?

Yes — the cap is one month’s rent, and it must be returned within 30 days (NMSA § 47-8-18). The template states both in the deposit clause.

What late fee can a New Mexico landlord charge?

10% of the rent per rental period See NMSA §§ 47-8-15, 47-8-37. The template carries the rule and the grace period you set.

Is a lead-paint disclosure required?

For any building built before 1978, yes — it is federal (42 U.S.C. § 4852d). The template includes the EPA pamphlet acknowledgment automatically.

Is this lease legally binding once e-signed?

Yes. Electronic signatures are valid under the federal E-SIGN Act and New Mexico's UETA; the signed PDF, audit trail and timestamps are stored with the tenant record.

Can I edit the template?

Every paragraph is editable before signing. Clauses New Mexico requires are marked and cannot be removed by accident.

Generate your New Mexico lease in about ten minutes

Free, e-signature included, every New Mexico disclosure already in it.

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The clause list mirrors the New Mexico disclosure set in the My Rental Spot lease builder and is reviewed against New Mexico Statutes, Chapter 47, Article 8 (Uniform Owner-Resident Relations Act). General information for landlords, not legal advice; local ordinances can add requirements.