New Mexico Breaches of Lease Terms

State:
Multi-State
Control #:
US-OG-783
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

The New Mexico Landlord-Tenant Hotline is (505) 930-5666.

Ing to the Fair Housing Act and the New Mexico landlord-tenant laws, the tenant cannot be discriminated against for their sexual orientation, national origin, religion, disability, race, color, or sex.

3-Day Notice to Quit (Non-Payment of Rent)? Also known as Form 4-901, is to be used to inform the tenant of his or her failure to pay the rent on time. The tenant will have three days to pay or move out before the landlord is allowed to seek legal action.

(1) An action for breach of any contract for sale must be commenced within four years after the cause of action has accrued. By the original agreement the parties may reduce the period of limitation to not less than one year but may not extend it.

Section 47-8-37 - Notice of termination and damages. A. The owner or the resident may terminate a week-to-week residency by a written notice given to the other at least seven days prior to the termination date specified in the notice.

One is to provide proper written notice. It requires that the tenant serve the landlord a 30 days notice before terminating their lease. The other condition involves payment of a fee, usually the equivalent of 2 months' rent.

Rental period. The agreement may be month-to-month or for a specific time period, such as one year. If you rent on a month-to-month basis, you must give the landlord 30 days' notice when you plan to move. Similarly, the landlord must give you 30 days' notice of a change in rent or conditions.

One is to provide proper written notice. It requires that the tenant serve the landlord a 30 days notice before terminating their lease. The other condition involves payment of a fee, usually the equivalent of 2 months' rent.

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New Mexico Breaches of Lease Terms