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.
New Mexico Information to Be Furnished to Lessor
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Multi-State
Control #:
US-OG-802
Format:
Word;
Rich Text
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FAQ
A Rental Unit Must Be a Clean And Safe Place To Live. If there are pets on the property, then all animal waste must be properly disposed of regularly. Landlords must make sure the home has services that are provided to it, including water, heat, and pest control.
Residents are obligated to not deliberately or negligently damage or destroy property and to refrain from disturbing the peace of other residents § 47-8-22 NMSA 1978. Generally, owners must give the resident notice prior to terminating a week- to-week rental agreement (§ 47-8-37 NMSA 1978).
Obligation of contracts refers to the legally binding promises made between contract counterparties to fulfill agreed-upon duties. Parties agree upon exchanges of value that will be fulfilled ? including services, money, and products.
Required for Tenancy Agreement New Mexico landlord tenant law NMSA 1978, § 47-8-19. (A) requires all tenancy agreements to contain the following details: Name and address of person authorized to manage the property. Name and address or property owner or owner's agent (person authorized to act on behalf of owner)
Required Landlord Disclosures in New Mexico Under New Mexico law, landlords must disclose specific information to tenants (usually in the lease or rental agreement), such as the identity of anyone authorized to act on the landlord's behalf.
New Mexico is a somewhat landlord-friendly state. New Mexico has no limits for what landlords may charge for rent and may file for eviction sooner than in other states.
In New Mexico, landlords can raise the rent by any amount and for any reason as long as they give proper notice, don't do so during the fixed term of a lease, and aren't doing so for certain discriminatory or retaliatory reasons.
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.