New Mexico security deposit itemization
A New Mexico landlord must send the itemized statement within 30 days after move-out. Miss it and the right to deduct anything is gone. The generator checks the deadline, the delivery method and the documentation as you fill it in.
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What New Mexico requires
- Deadline
- 30 days after the rental agreement ends or the tenant leaves, whichever is later.
- Delivery
- Mailing the statement and payment to the tenant's last known address is deemed compliance.
- If it is late
- Late forfeits the right to withhold, to counterclaim and to sue for damage, and costs court costs and attorney's fees; bad faith adds a $250 civil penalty.
- Interest
- Owed yearly at the passbook rate on an annual agreement with a deposit above one month's rent.
- Statute
- NMSA 1978, § 47-8-18
What goes on the statement
The deposit and the date it was received, each deduction with a specific description and amount, the total withheld, and the refund or balance owed. New Mexico landlords also record how and when the statement was sent, because the deadline is measured to that date. Damage lines should say what was damaged and how, not just a room name: a tenant, and a judge, can tell a burn mark from carpet wear.
Interest, a separate deposit account, receipts, photographs and a sworn attestation are only required in some states. The generator shows the fields New Mexico needs and leaves out the ones it does not.
New Mexico deposit FAQ
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Send it inside the deadline
Preview the statement free, fix anything the checklist flags, then download the clean PDF for $2.99.
Create a New Mexico itemization