New Mexico Sublease Agreement Template

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Updated June 03, 2022

A New Mexico sublease agreement is a type of rental contract in which a tenant already under a binding lease with a landlord re-rents a space in the residence to another individual. The original tenant (sub-lessor) must confirm or acquire permission from the property owner/manager through referring to the master lease’s terms on the matter or seek consent from the landlord; the latter of which involves obtaining express written consent from the property manager or landlord in order to be issued approval for the use of this particular relationship. Note that property owners/managers would not be in direct contract with a sub-lessee. Instead, the sub-lessor would act as the landlord for the sub-lessee by performing the required duties, such as collecting rent and resolving issues affecting the tenancy.

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