This is a sample of a notice given by a lessee to a lessor, as required by a lease agreement, informing the lessor that lessee is not going to renew or extend his/her lease. This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.
A New Mexico Notice to Lessor of Lessee's Intention not to Renew or Extend Lease Agreement, also known as a non-renewal notice or not renewing notice, is a written communication from a tenant to their landlord indicating their intent to terminate the lease agreement at the end of its current term. This notice serves as an official notification, allowing the landlord ample time to make necessary arrangements for finding a new tenant and preparing the property for the forthcoming vacancy. In the state of New Mexico, there are different types and variations of the Notice to Lessor of Lessee's Intention not to Renew or Extend Lease Agreement. Here are a few examples: 1. New Mexico Residential Nonrenewal Notice: This type of notice is used when a tenant residing in a rental property wishes to inform their landlord about their decision not to extend or renew the lease agreement. It is common for residential tenants to provide this notice within a specific timeframe stated in the lease, usually 30 to 60 days prior to the lease's expiration date. 2. New Mexico Commercial Nonrenewal Notice: Commercial tenants who occupy leased properties for business purposes may also need to submit a nonrenewal notice at the end of their lease term. Like residential tenants, commercial lessees should adhere to the specific timeframe outlined in the lease agreement for submitting this notice. 3. New Mexico Month-to-Month Tenancy Nonrenewal Notice: Monthly tenancy agreements, commonly known as month-to-month agreements, offer more flexibility for both tenants and landlords. In such cases, either party can choose to terminate the lease agreement by providing a month-to-month nonrenewal notice. This notice typically follows a similar timeframe as the residential nonrenewal notice, often requiring at least 30 days' notice. When drafting a New Mexico Notice to Lessor of Lessee's Intention not to Renew or Extend Lease Agreement, it is crucial to include specific details. These may include: — The full names of both the tenant(s) and the landlord(s) — The propertaddresses— - The lease agreement's start and end dates — The intended lease terminatioDATat— - A clear statement expressing the tenant's intention not to renew or extend the lease — Any required actions or obligations for both parties leading up to the lease termination — The contact information of the tenant for any inquiries or further correspondence Remember to review the lease agreement thoroughly to ensure compliance with any specific notice requirements and to protect your rights and interests as a tenant. It is advisable to send the notice through certified mail or obtain proof of delivery to ensure its receipt by the landlord within the specified timeframe. Providing a New Mexico Notice to Lessor of Lessee's Intention not to Renew or Extend Lease Agreement — Nonrenewal or Not Renewing is a critical step in the process of transitioning out of a rental property, allowing both parties to navigate the termination smoothly and avoid any potential disputes.
