A New Mexico month-to-month rental agreement is a legal contract between a landlord and tenant that allows either party to cancel the contract with 30 days' notice. The agreement offers the same protections by law for both parties as a standard lease.
Minimum Termination Period – Either party can terminate the agreement by sending written notice 30 days in advance.[1] The required notice to end a week-to-week lease is seven days.[2]
Increasing Rent – 30 days’ notice is required to raise the rent.[3]