NEW MEXICO · LANDLORD BLOG

New Mexico landlord guidance

Landlord-tenant law, lease writing, screening, eviction practice, and rent rules for New Mexico.

security_deposits June 4, 2026 · 3 min

Security Deposit Rules in New Mexico: Caps, Timelines, and What Tenants Can Sue Over

New Mexico follows the Uniform Owner-Resident Relations Act framework for security deposits. Landlords face a 30 day return window for tenancies under one year and must pay interest on longer term deposits. Understanding these timelines protects you from tenant lawsuits and statutory penalties.

By Curt Sloan Read

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