Property

• 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.

• joint tenants, with rights of survivorship, which means that if one of them dies, title to the property passes to the surviving joint tenant, or
• community property with rights of survivorship, or
• community property without rights of survivorship.

NM commercial landlords, renew and extend a tenant's business lease with this affordable New Mexico Renewal and Extension of Commercial Lease.

• The tenant has no further right to extend or renew the lease.
• The renewal contract sets out the new expiry date and the rental payments for the renewal term.
• All other terms and provisions of the original lease remain in full force and effect.
• This Agreement is for commercial properties. For residential tenancies, a Residential Lease Extension form is required.
• Easy to use and fully editable so you can customize it to your exact needs.
• Intended to be used only in the State of New Mexico.

Have prospective tenants apply for a rental vacancy by filling out this Rental Application Form for residential tenancies in New Mexico.

• Applicants must supply information about:
  • current and previous employment,
  • monthly expenses,
  • rental history,
  • personal and credit references.
• This form can be used by both landlords and rental property managers. Great for multi-unit rental buildings.
• Available in MS Word format.
• Intended to be used in the State of New Mexico.

Extend the term of a tenant's lease with this New Mexico Residential Lease Extension Agreement.

• The landlord and tenant must both agree to extend the lease term for an additional period.
• The lease cost now becomes a monthly rental payment for the duration of the extended term.
• All other provisions of the original lease which are not amended in the Extension Agreement remain the same.
• This Agreement is only for residential tenancies. For commercial tenants, a Renewal and Extension of Commercial Lease is required.
• This legal form template is fully editable and easy to use.
• Intended for use only in the State of New Mexico.