New Mexico § 47-8A-1 Rent control prohibition

New Mexico Statutes

§ 47-8A-1 — Rent control prohibition

New Mexico § 47-8A-1

Ch. 47Property Law

Art. 8ARent Control Prohibition

This text of New Mexico § 47-8A-1 (Rent control prohibition) 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. § 47-8A-1 (2026).

Text

A.No political subdivision or any home rule municipality shall enact an ordinance or resolution that controls or would have the effect of controlling rental rates for privately owned real property.

B.This section does not impair the right of a state agency, county or municipality to otherwise manage or control its property.

C.The provisions of Subsection A of this section do not apply to privately owned real property for which benefits or funding have been provided under contract by federal, state or local governments or a governmental instrumentality for the express purpose of providing reduced rents to low- or moderate-income tenants.

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A. No political subdivision or any home rule municipality shall enact an ordinance or resolution that controls or would have the effect of controlling rental rates for privately owned real property. B. This section does not impair the right of a state agency, county or municipality to otherwise manage or control its property. C. The provisions of Subsection A of this section do not apply to privately owned real property for which benefits or funding have been provided under contract by federal, state or local governments or a governmental instrumentality for the express purpose of providing reduced rents to low- or moderate-income tenants.