New Mexico Rent receipts, payment methods & cash

Rent receipts, payment methods & cash in New Mexico

N.M. Stat. § 47-8-15(B) says rent is due at the time and place the parties agree and, unless otherwise agreed, is payable at the dwelling unit. Unless the owner and resident agree in writing, rent payments may not be applied to deposits or damages (§ 47-8-15(G)). The Act has no general rule on whether a landlord must accept cash, check or electronic payment; the lease controls.

Verified Source: N.M. Stat. § 47-8-15(B), (G) · last checked 2026-10-30