New Mexico rental housing laws

What it would do: Requires court records in eviction cases to be sealed upon commencement and unsealed no less than fifteen days after an order granting possession, then resealed approximately three years later. Allows residents to petition for resealing and prohibits disclosure of sealed records to third parties.

What it would do: Requires initial mobile home park rental agreements to be at least 24 months, increases nonpayment notice from 3 to 30 days, prohibits rent increases during land use change periods, requires landlords to provide land use change hearing notice, increases writ of restitution service time from 48 hours to 10 days, and increases tenant damages from $500 to two times monthly rent.

What it would do: Requires mobile home park owners to notify residents and the New Mexico mortgage finance authority of any bona fide sale offer, and grants residents a right of first refusal to purchase the park on substantially equivalent terms within specified timeframes.

What it would do: Limits mobile home park landlords to one rent increase per twelve-month period, capping increases at three percent through June 30, 2026, then five percent annually thereafter. Increases civil penalties for violations to twice the monthly rent and classifies violations as unfair trade practices.

What it would do: Requires automatic expungement of all public eviction records held by courts and state or local agencies five years after a person's eviction under the Uniform Owner-Resident Relations Act, with records destroyed upon expungement.

What it would do: Requests the Regulation and Licensing Department, New Mexico Mortgage Finance Authority, Public Regulation Commission, Governor's Office of Housing, Opportunity Enterprise and Housing Development Review Board, and Attorney General to develop recommendations for a mobile home park regulatory framework and rent stabilization program, with findings due by September 1, 2025.

What it would do: Requires mobile home park owners to notify residents and the New Mexico mortgage finance authority of third-party purchase offers and provide residents a 75-day opportunity to purchase at the same price and terms. Increases the capital gains income tax deduction to 50 percent for sales of mobile home parks to residents.

What it would do: Permits mobile home park owners to transfer ownership of individual spaces to create separately owned lots without conforming to zoning dimensional requirements like minimum lot size and setbacks, and without requiring infrastructure improvements otherwise required by subdivision regulations.

What it would do: Requests the Taxation and Revenue Department to convene a task force to study centralized tax collection for short-term rentals, uniform property classification frameworks, economic impacts on workforce and infrastructure, and submit findings to interim legislative committees by October 1, 2026.

What it would do: Requires owners performing income screening for rental dwelling units to subtract federal, state, local or tribal housing assistance from the total rent payment before calculating the income-to-rent ratio, and to include recurring lawful income sources that applicants can document.

What it would do: Allows domestic violence or sexual assault victims to terminate rental agreements without penalty by providing written notice and documentation. Makes persons alleged to have committed domestic violence or sexual assault civilly liable to owners for economic losses regardless of rental agreement party status.