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New Mexico Month-to-Month Lease Agreement

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.
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Updated May 30, 2024

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Laws

  • 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]

Sample
 

Sources

  1. § 47-8-37(B)
  2. § 47-8-37(A)
  3. § 47-8-15