New Mexico Statutes

§ 47-8-31 — Resident rights following fire or casualty

New Mexico § 47-8-31
JurisdictionNew Mexico
Ch. 47Property Law
Art. 8Owner-Resident Relations

This text of New Mexico § 47-8-31 (Resident rights following fire or casualty) is published on Counsel Stack Legal Research, covering New Mexico primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
N.M. Stat. Ann. § 47-8-31 (2026).

Text

A. If the dwelling unit or premises are damaged or destroyed by fire or casualty to an extent that enjoyment of the dwelling unit is substantially impaired, the resident may:

(1)vacate the premises and notify the owner in writing within seven days thereafter of his intention to terminate the rental agreement, in which case the rental agreement terminates as of the date of vacating; or (2) if continued occupancy is lawful, vacate any part of the dwelling unit rendered unusable by the fire or casualty, in which case the resident's liability for rent is reduced in proportion to the diminution in the fair rental value of the dwelling unit. B. If the rental agreement is terminated, the owner shall return the balance, if any, [of] prepaid rent and deposits recoverable under Section 18 [47-8-18

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Legislative History

1953 Comp., § 70-7-31, enacted by Laws 1975, ch. 38, § 31.

Nearby Sections

15
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Bluebook (online)
New Mexico § 47-8-31, Counsel Stack Legal Research, https://law.counselstack.com/statute/nm/47/47-8-31.