An owner may increase a fee that is provided pursuant to the terms of a rental agreement by providing written notice at least sixty days prior to the periodic rental date specified in the rental agreement or at least sixty days prior to the end of the term of a fixed term residency. In the case of a periodic residency of less than one month, written notice shall be provided at least one rental period in advance of the first fee payment to be increased.
§ 47-8-19.4 NMSA 1978
Notice of fee changes required
Known as the Uniform Owner-Resident Relations Act
The act spans §§ 47–47 (61 sections).
Laws 2025, ch. 122, § 5.
Official source: NMOneSource (New Mexico Compilation Commission). Reproduced from public-domain New Mexico statutes; confirm against the official source for the current text. Not legal advice.