New Mexico Addressing Holdover Tenancy in a Lease

State:
Multi-State
Control #:
US-OL24031
Format:
Word; 
PDF
Instant download

Description

This office lease form states that if the tenant, without the written consent of Landlord, holds over after the expiration of the term of the lease, and if the landlord does not proceed to remove the tenant from the demised premises in the manner permitted by law, the tenancy will be deemed a month-to-month tenancy.

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FAQ

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).

There are also no limits for raising rent, but they must notify month-to-month tenants at least 30 days before the new rent takes effect.

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.

If the residency is month-to-month, the thirty (30) day notice must be given at least thirty (30) days before the periodic rental date; for example, if the rent is due on the 1st, the notice must be given at least thirty (30) days before the 1st. 2.

If a landlord continues to accept rent payments, a holdover tenant can legally occupy the property, and state laws and court rulings determine the length of the new rental term?. If a landlord does not accept further rent payments, the tenant is considered a trespasser and may be evicted.

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.

Yes, a landlord in New Mexico can evict a tenant for violating the terms of the lease. If a tenant fails to comply with the terms and conditions outlined in the lease agreement, the landlord must first terminate the rental agreement by giving the tenant written notice.

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New Mexico Addressing Holdover Tenancy in a Lease