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New Mexico · Rent increase · Free to generate and download

New Mexico Notice of Rent Increase

Give written notice before raising rent on a New Mexico tenancy. Follow the lease and New Mexico notice rules. Local rent-control rules can cap the amount even when the notice period is met.

Related New Mexico documents

Frequently asked questions

Plain-language answers about New Mexico rent increase papers. LeaseGen.io is not a law firm. Confirm current statutes before anyone signs.

How much notice is required before raising rent in New Mexico?
A New Mexico rent increase should be in writing. Many landlords use at least the same notice they would use to end a month-to-month tenancy. Either party may end a month-to-month tenancy with at least 30 days’ written notice (N.M. Stat. Ann. § 47-8-37). The lease may require more. Local rent-control rules can cap the amount even when the notice period is met.
Is a rent increase notice a new lease?
No. It gives notice of a higher rent on a future date. If your lease requires a signed amendment to change rent, sign that too.
Can local rent control limit the increase?
Some cities cap how much rent can rise even when state notice periods are satisfied. Check local ordinances before you serve the notice.