New Mexico security deposit law: the 30-day deadline and your rights
Itemized written list of deductions and the balance due within 30 days of termination or resident departure, whichever is later.
What New Mexico law says
- Return deadline
- 30 days
- Statute
- N.M. Stat. Ann. § 47-8-18 (UORRA); fees § 47-8-48
No multiplier: forfeiture-based consequences plus costs and reasonable attorney fees; bad-faith retention adds a flat $250 civil penalty payable to the resident (§ 47-8-18). Aggregator claims of a '2x' NM penalty are wrong — no such language in the statute.
Verification pending. Our attorney-reviewed deep-dive for New Mexico — with the full case builder, damages calculator, and demand letter generator — isn't live yet. The summary above is drawn from the statute but hasn't completed our legal review; always confirm against the current text of N.M. Stat. Ann. § 47-8-18 (UORRA); fees § 47-8-48.
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