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New Mexico Pet Addendum

This New Mexico pet addendum lets a tenant keep named animals on an existing lease. New Mexico generally caps a security deposit at 1× monthly rent. A pet deposit usually counts toward that cap. Assistance animals required by fair-housing law are not pets and cannot be charged a pet deposit or pet rent. It does not replace the lease, and it does not apply to assistance animals.

• New Mexico generally does not allow a separate pet deposit on top of the one-month security-deposit cap (N.M. Stat. Ann. § 47-8-18).
• Unused deposit money is generally due within 30 days (N.M. Stat. Ann. § 47-8-18).
• Assistance animals are not pets. Do not use this addendum to charge a deposit or rent for one.