This office lease form states that the tenant shall exercise its option to renew this lease upon written notice given to the landlord no less than eighteen (18) months before the end of the lease term.
New Mexico Notice of Intention to Exercise Option
State:
Multi-State
Control #:
US-OL24016
Format:
Word;
PDF
Instant download
Description
How to fill out Notice Of Intention To Exercise Option?
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FAQ
Notice of Entry ? Landlords must provide tenants with a 24-hour notice before entering the property unless it is an emergency. Disclosures ? In New Mexico, landlords must disclose certain information. This includes if they will charge any nonrefundable fees, shared utilities, and the smoking policy.
Every New Mexico tenant has the legal right to seek proper and fair housing without any kind of discrimination against them. The New Mexico landlord-tenant law also allows them to request required repairs for the unit (If it needs them).
If the resident refuses to allow lawful access, the owner may obtain injunctive relief to compel access or terminate the rental agreement. In either case, the owner may recover damages.
Tenants can sue landlords in Metropolitan Court (in Bernalillo County) or Magistrate Court (in the rest of the state) for the return of their deposit, up to a dollar amount of $10,000. See Filing a Security Deposit Lawsuit in New Mexico Metropolitan and Magistrate Courts for advice for tenants filing suit.
If you have a landlord/tenant-law related problem and need legal advice, please contact New Mexico Legal Aid at 866.416. 1922.
