This office lease clause stipulates the conditions under which alterations may or may not be made to property by the tenant.
New Mexico Tenant Alterations Clause
Category:
State:
Multi-State
Control #:
US-OL501
Format:
Word;
PDF
Instant download
Description
How to fill out Tenant Alterations Clause?
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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).
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.
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.
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.
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.
Rent ? New Mexico prohibits rent control on state and local levels, so landlords may charge whatever they deem reasonable for rent. 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.
Landlords cannot raise rent more than 10% total or 5% plus the percentage change in the cost of living ? whichever is lower ? over a 12-month period.
