This Lease Agreement is legally binding in New Mexico according to your state's specific rules and regulations.
Build a document in minutes with our step-by-step tool.
Create a free account.
Print and download.
A New Mexico month-to-month lease agreement is only different from a yearly agreement on the length of time agreed to between the tenant and property owner. The purpose of a New Mexico month-to-month lease agreement is to explain the rights and obligations of both parties. In a New Mexico month-to-month lease agreement, you may not charge more than one month of rent for the deposit under state law.