New Mexico Standard Residential Lease Agreement Form

1. Identity – The tenant must receive the names and addresses of the landlord and all other persons authorized to enter the premises.^[1]

2. Lead-Based Paint Disclosure & EPA Pamphlet – If the property was built before 1978, tenants must be made aware that lead-based paint could be in the walls or ceiling.

Maximum Amount – Up to one month’s rent.^[2]

Returning – Deposits must be returned within 30 days of the end of a lease agreement. Any deductions must be outlined in an itemized list.^[3]

Grace Period – None.^[4]

Maximum Late Fee – 10% of the monthly rent.^[5]

NSF Fee – The landlord may charge a fee of up to $20 for a bad check.^[6]