New Mexico SECURITY DEPOSIT LAWS
Everything you need to know about getting your security deposit back in New Mexico.
LEGAL CITATION
RETURN DEADLINE
In New Mexico, landlords must return your security deposit within 30 days of you vacating the property.
This deadline typically starts from the day you return the keys and the property is empty. The landlord must either return the full deposit or provide an itemized statement explaining any deductions.
PENALTIES FOR LATE RETURN
New Mexico does not have a specific statutory penalty multiplier. However, you can still sue your landlord for the amount owed plus court costs.
Must provide written itemized list of deductions.
MAXIMUM DEPOSIT LIMIT
One month rent (under 1 year lease) or no limit (1+ year)
If your landlord collected more than the legal maximum, you may have additional claims.
Is your New Mexico landlord late?
If it's been more than 30 days since you moved out and you haven't received your deposit, you have a case.
CHECK MY SITUATION (FREE)Quick Facts
- Return deadline: 30 days
- Itemized statement: Required
- Max deposit: One month rent (under 1 year lease) or no limit (1+ year)