New Mexico security-deposit return deadline

Under N.M. Stat. §47-8-18, you have 30 days from move-out. Enter the date the tenant vacated to get your exact deadline.

Deadlines per N.M. Stat. §47-8-18. New Mexico statutes change; verify with the current statute. Not legal advice.

What N.M. Stat. §47-8-18 requires

  • Return deadline: 30 days
  • Deposit cap: 1 month's rent — Cap applies to leases under 1 year; no cap for 1-year+ leases, but deposits over 1 month's rent on annual leases owe the tenant interest
  • Itemized written list of deductions with the balance within 30 days
  • No itemization forfeits the right to withhold and to sue for damages; wrongful retention adds a $250 penalty

Statutes as of August 2026. Statutes change — verify with the current text of N.M. Stat. §47-8-18 before relying on a deadline. This is general information, not legal advice; consult a New Mexico attorney for your situation.

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