NM
New Mexico power of attorney forms enable a person to give someone else the authority to handle their financial, medical, or other affairs. The person giving the authority (known as the “principal”) chooses a trusted individual (the “agent”) to act on their behalf. The agent will have the same power as the principal. The principal can choose to make the form “durable,” which means it remains valid even if they become incapacitated.
Medical Power of Attorney Forms – PDF
Signing Requirement ✍️
The principal must sign the document in front of a notary. The agent must sign but does not require a notary.
Source: § 45-5B-105
What is the Definition of “Power of Attorney”?
Definition by the Uniform Power of Attorney Act:
“A “Power of attorney” is a document that gives an agent the authority to act on behalf of the principal.”
Source: § 102(7)
Power of Attorney Flow Chart 📈
Why use a Power of Attorney POA?
- Plan for the future by using a reliable Power of Attorney form template. You can download the PDF or Word document for free to provide peace of mind for yourself and your loved ones.
- This form covers decisions made on your behalf, estate planning, real estate, the agent or attorney in fact, types of powers of attorney (including durable, limited, and springing), family members, care power of attorney, bank accounts, health care power, and more.
- Use this form to grant power to act on your behalf in financial and real estate matters. It’s essential for ensuring that your wishes are carried out in the future.
FAQs
- Does New Mexico have its own version of the POA form? Yes, § 45-5B-301.
New Mexico PDF Power of Attorney Form: Preview Example
PDF Version: Template Sample
https://simpleforms.com/wp-content/uploads/2024/06/new-mexico-power-of-attorney.pdf
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A New Mexico lease agreement is a legal form used when leasing rental property. in exchange for rent payments.
Rental Application – The rental application is a form used by Landlords to collect information from prospective Tenants credit and renting history.
Options By Type
 Standard Residential Lease Agreement
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 Simple (1-Page) Lease Agreement
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Most Recent US Home Facts
- Population (2023): 334,914,895
- Median Households (2022): 125,736,353
- Median Household Income (2022): $75,149
- Owner-occupied Households (2022): 64.8%
Source: U.S. Census Bureau
Agreement Form Must Include the Following
Required Disclosures (3)
- Copy of Lease
- Lead-Based Paint Disclosure Form
- Landlord Identity
Source: § 47-8-20(G)
Security Deposit
Maximum – When authorizing the lease, the landlord may request any amount from the tenant as there is no set limit but the state of New Mexico requires the amount to be “reasonable”.
Return – The Landlord must return all deposits to Tenants within 30 days.
Return – The Landlord must return all deposits to Tenants within 30 days.
Source: § 47-8-18(A)
Paying Rent
Grace Period – There’s no grace period laws in New Mexico.
Maximum Late Fee – The maximum late fee Landlords can charge Tenants is 10% of the total rent payment for the period of the late rent amount.
Source: § 47-8-15(D)
Landlord Entry
Landlords must provide their tenants with notice of at lease 24-hours (1 day) before entering the rented premises for any non-emergency purpose.
Source: § 47-8-24(A)(1)
Sample
https://simpleforms.com/wp-content/uploads/2024/04/New-Mexico-Simple-1-Page-Residential-Lease-Agreement.pdf
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A New Mexico advance health care directive medical power of attorney form is legally binding and allows the Principal to pick their preferences for future medical care by choosing an Agent.
Form Options
Durable Power of Attorney Forms – PDF
Signing Requirements
In New Mexico, the “Principal” must sign in the physical presence of a notary public. Two (2) witnesses are recommended but not required.
Source: § 24-7A-2(B)
State Bar Optional Advance Directive
Guidelines – State Advance Directive PDF
New Mexico Advance Healthcare Directive Form
Preview Sample:
https://simpleforms.com/wp-content/uploads/2024/08/New-Mexico-Advance-Healthcare-Directive.pdf
Commercial Lease Application – Before renting a property to any individual or business entity, Landlords highly recommend using a lease application to screen Tenants.
When Does a Commercial Lease Agreement Become Legally Binding?
The Commercial Lease Agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.
New Mexico Standard Commercial Lease Agreement Template Sample
Rental Application Form– The Landlord can request a rental application from Tenants to verify the financial credentials. Once approved, both parties can sign the lease.
By Type (7)
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Residential Lease Agreement – Standard residential lease with a 1-year or more lease term. Download: PDF | Word (.docx) |
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Association of Realtors – A lease agreement used by a Realtor to help a landlord or tenant manage tenancy. Download: PDF | Word (.docx) |
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Commercial Lease Agreement – For renting space for office, industrial, or retail purposes. Download: PDF | Word (.docx) |
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Month-to-Month Lease Agreement – Known as a “tenancy at will,” this agreement has no set end date and continues until either party gives at least 30 days’ notice. Download: PDF | Word (.docx) |
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Rent to Own Lease Agreement – A standard rental agreement that gives the tenant the option to purchase the property for an agreed-upon price. Download: PDF | Word (.docx) |
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Roommate Lease Agreement – An agreement between individuals in a shared residence to establish rules and expectations. Download: PDF | Word (.docx) |
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Sublease Agreement – For a tenant looking to rent out the space they are leasing from the landlord. Download: PDF | Word (.docx) |
What the form covers?
This New Mexico Rental Lease Agreement includes New Mexico landlord-tenant laws:
- New Mexico Residential Landlord-Tenant Laws
- Security Deposit Law
- Lease Termination
- Landlord’s Access to the Property
- Required Disclosure Forms
- Rent Due Date plus Late Fees
New Mexico Residential Landlord-Tenant Laws
Summary: Landlords must make sure that rental properties complies with health and safety codes and is habitable which are governed by the Uniform Owner-Resident Relations Act (UORRA).[1]
Security Deposit Law
Summary:
- 30 Days – Landlords must return the security deposit within 30 days of lease termination.
- Itemized List – Deductions must be itemized and shared with the tenant.
- Maximum – For leases less than one year, the security deposit cannot exceed one (1) month’s rent.[2]
Lease Termination
Summary: Both landlords and tenants can terminate a lease under certain conditions:
- Landlord’s Ability to Terminate
- 3-day notice for nonpayment of rent.
- 7-day notice for lease violations.
- Tenant’s Ability to Terminate
- Tenants may terminate due to habitability issues after notifying the landlord.
- 30-day notice required for month-to-month leases.[3]
Landlord’s Access to Property
Summary: Landlords must provide 24 hours’ notice before entering the property, unless it’s an emergency.[4]
Required Disclosure Forms (2)
Summary:
- Lead-Based Paint Disclosure Form – Landlords must provide a brochure if the property was built before 1978.
- Move-in Checklist – Tenants must report any property issues upon move-in to avoid responsibility for pre-existing damage.
- Landlord Identity – The landlord must inform the tenant of who is authorized to manage the property or act for the owner and provide full legal name and mailing address to send notices.[5]
Paying Rent
Summary:
Tenants Rights and Freedom from Retaliation Laws
Summary: Freedom from retaliation laws state that landlords cannot punish tenants for the following.
- Reporting health or safety violations.
- Requesting repairs.
- Joining a tenant organization.
Examples of retaliation include raising rent, reducing services, or attempting eviction.[8]
Sample New Mexico Rental Lease Agreement PDF
Notary – a public officer who can witness the signatures of the buyer and seller.
Form Options By Type
| Standard Residential Lease Agreement
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| Simple (1-Page) Lease Agreement
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When does a purchase agreement become legally binding?
The purchase and sale agreement becomes legally binding when both parties sign the contract and the buyer gets the notice that the seller has accepted the deal. The buyer can get the notice in-person, by phone, and/or email.
New Mexico Purchase and Sale Agreement Sample
https://simpleforms.com/wp-content/uploads/2024/05/New-Mexico-Residential-Real-Estate-Purchase-Agreement-1.pdf