Property

Assign an existing lease to a new owner of the property with this New Mexico Assignment of Lease by Landlord form.

• The Assignment is between the current landlord, the purchaser of the property (new landlord) and the tenant, and is part of the documentation required to sell the premises to the new owner.
• The current landlord assigns the lease to the new landlord, and the tenant covenants to pay rent to the new owner and continue to perform the tenant's obligations under the lease.
• The current landlord and the purchaser agree to indemnify each other against any claims or actions arising out of any breach of the terms of the assignment.
• This form can be used for either commercial or residential rental properties.
• Available in MS Word format.
• Intended to be used only in the State of New Mexico.

Lease office or retail space to a business tenant with this template New Mexico Commercial Lease Agreement.

• Renewal. Option for the tenant to renew for an additional term at the end of the lease.
• Property Taxes. Alternate provisions for taxes to be paid by either the landlord or the tenant, as applicable.
• Insurance. The tenant is responsible for carrying comprehensive public liability, fire and extended coverage insurance.
• Structural Repairs. Alternate provisions depending on whether the landlord is responsible for mechanical and structural repairs, or if the tenant is responsible for all repairs.
• Parking. Parking areas are to be shared by all tenants and their employees and customers.
• Damage or Destruction.Provisions for termination or for abatement of rent in the event of damage, destruction, or condemnation of the building.
• This lease agreement template is fully editable to fit your needs.
• Intended for use only in the State of New Mexico.

Sublet all or part of your leased business space to a subtenant with this New Mexico Commercial Sublease Agreement.

• The Sublease can be used for office, retail shopping or other business premises.
• The subtenant pays the security deposit and the rent to the original tenant, who in turn pays the landlord.
• The original tenant must still perform its obligations under the head lease for the duration of the lease term.
• The original tenant assigns its interest in the sublease to the landlord.
• The original tenant directs the subtenant to pay rent directly to the landlord if the original tenant defaults in any of its obligations under the head lease.
• Available in MS Word format.
• Intended for use only in the State of New Mexico.

NM landowners, charge a fee for fishermen to fish in the waterways on your property with this New Mexico Fishing Lease Agreement.

• This Agreement can be used for individual fishermen or for groups (such as clubs, associations, etc).
• The user can only fish at the times of the year permitted by local, State and federal laws.
• The landowner has the right to limit fishing in any body of water in order to preserve the quality of the fish stock.
• The user must take proper care of the property and comply with all rules and regulations set by the landowner. Failure to do so will result in immediate termination of the lease.
• The right to fish on the land is not transferrable except with the landowner's written consent.
• The landowner has no responsibility for the user's safety or that of any guests or invitees, and the user indemnifies and holds the landowner harmless against any claim, loss, cost or damage arising from the user's use of the property.

This New Mexico Fishing Lease Agreement is provided in MS Word format, and can be easily edited to fit your circumstances.

Lease a house or apartment in New Mexico to a tenant with this Fixed Term Residential Lease Agreement.

• The lease runs for a fixed term, such as 1 year. The Lease Agreement contains standard conditions covering residential rentals such as:
  • when and how the rent is to be paid;
  • security deposit and late charges;
  • responsibilities of each of the parties for maintenance and repairs;
  • abandonment of the property by the tenant;
  • assignment or subletting by the tenant;
  • restrictions on pets;
  • the landlord's remedies for disturbances and illegal activities by the tenant;
  • the tenant's responsibility to carry renter's insurance;
  • early termination of the lease.
• The form also includes a Lead Paint Disclosure form as required by federal law, and a Premises Inspection Report, to be completed by the landlord and tenant at the beginning and end of the tenancy.
• This legal contract template is downloadable and fully editable to fit your specific needs.
• Intended for use only in the State of New Mexico.

• The guaranty is given by a principal of the company, such as a shareholder, partner, sole proprietor or some other person with a financial interest in the tenant.
• A guarantee of this type is typically required as an inducement to the lessor ⁄ landlord to sign the lease.
• The guarantor guarantees payment of all rent and other amounts due under the lease, including the payment of legal fees incurred by the landlord in enforcing the terms of the lease.

If you are signing a lease with a tenant who is a minor (such as a student), make sure a parent or guardian of the tenant executes this New Mexico Lease Co-signer Agreement.

• The co-signer agrees to:
  • allow the landlord to run a credit check on the co-signer,
  • guarantee that the tenant complies with the rental agreement,
  • guarantee the payment of rent.
• This form is provided in MS Word format. It should be attached as a schedule to the lease or rental agreement.
• Intended to be used only in the State of New Mexico.

Cancel a lease for office or retail space with this New Mexico Mutual Cancellation of Commercial Lease form.

• This agreement is only for commercial tenancies. Use this form instead for residential tenants.
• The lessor (landlord) and lessee (tenant) mutually agree that the lease will terminate as of a specific date.
• The cancellation of the lease extinguishes all the rights and obligations of the parties under the lease, except for those which accrue prior to the termination date.
• Available in MS Word format, downloadable and fully editable to fit your needs.
• Intended to be used only in the State of New Mexico.

Get your landlord's consent to assign your lease or sublet your rental unit for the rest of the lease term with this New Mexico Permission Agreement to Sublet or Assign Lease.

• The new tenant must meet the landlord's requirements, and the landlord must give its written approval of the new tenant.
• The form contains clauses for either an assignment of the lease or a sublease of the premises.
• The landlord has the option to hold the existing tenant responsible for performing the tenant's obligations until the end of the lease term, or alternatively, to release the tenant from all obligations under the lease once a new tenant is approved.
• The form is available as a downloadable and fully editable MS Word template.
• Intended to be used only within the State of New Mexico.

Transfer your interest in a real estate property in New Mexico with this easy-to-use Quitclaim Deed.

• Under the Quitclaim Deed, the transferor conveys all of its interest in the property to the transferee but does not provide any warranties regarding the property.
• This form of Deed is often used to remove one spouse's name from title following divorce proceedings.
• The form is provided in MS Word format and is easy to download, fill in and print.
• This Quitclaim Deed form is intended for use in the State of New Mexico.