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Fort Sumner, NM Security Deposit Laws 2026

New Mexico limits security deposits to 1 month(s) of rent. In Fort Sumner, that's $973 at the median 2BR rent of $973/month. Miss the 30-day return deadline and you could owe $1,946+.

In New Mexico, landlords must return security deposits within 30 days after move-out. The maximum deposit is 1 month(s) of rent. Failure to return on time or provide an itemized statement can result in penalties of $1,946 or more.

Key Takeaways — Fort Sumner Security Deposit Laws

  • Maximum deposit: 1 month(s) of rent = $973 at Fort Sumner's median rent
  • Return deadline: 30 days after tenant moves out
  • Penalty for late return: Up to 2x the deposit ($1,946)
  • Itemized statement: Required with any deductions

Security Deposit Laws in Fort Sumner

Under New Mexico law, landlords in Fort Sumner may collect a maximum security deposit of 1 month(s) of rent, regardless of whether the unit is furnished or unfurnished. At Fort Sumner's median 2-bedroom rent of $973/month, that means the most you can legally collect is $973.

$973

max deposit (1mo × $973)

30 days

return deadline

$1,946

max penalty for late return

Returning the Deposit: The 30-Day Clock

Once a tenant moves out of your Fort Sumner rental, New Mexico law gives you exactly 30 days to either return the full deposit or provide an itemized statement of deductions. The clock starts on the day the tenant surrenders possession — not when you inspect the unit.

What you can deduct from a security deposit in Fort Sumner:

  • Unpaid rent
  • Damage beyond normal wear and tear
  • Cleaning costs to restore the unit to move-in condition
  • Costs for restoring or replacing personal property (if lease allows)

What you cannot deduct:

  • Normal wear and tear (minor scuffs, carpet wear, faded paint)
  • Pre-existing damage (document with photos at move-in)
  • Professional cleaning if the tenant left the unit in reasonable condition

Penalty Warning

Violate New Mexico security deposit laws rules in Fort Sumner and you could owe $1,946+. At Fort Sumner's median rent of $973/month, even a single violation adds up fast.

Don’t risk it. Let LeaseBase handle the compliance.

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How Fort Sumner Rents Affect Deposit Amounts

Deposit amounts scale with local rents. Here's what Fort Sumner landlords typically collect:

Unit Size Median Rent (Fort Sumner) Max Deposit (1mo) Penalty Risk
Studio $723/mo $723 $1,446
1-Bedroom $798/mo $798 $1,596
2-Bedroom $973/mo $973 $1,946
3-Bedroom $1,167/mo $1,167 $2,334

Rents based on HUD Fair Market Rents (FY2026) for De Baca County.

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Security Deposit Laws in Nearby Cities

Own properties in multiple cities? Rules may differ locally:

House, NM
Pop. 55
Melrose, NM
Pop. 603
Floyd, NM
Pop. 85
Santa Rosa, NM
Pop. 2,769
Elida, NM
Pop. 156

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How we researched this page: Security deposit laws rules are based on New Mexico state statutes. Rent data comes from HUD Fair Market Rents (FY2026) for De Baca County. Last updated: August 2026.
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Reviewed by Rachid Abadli

Founder & CEO, LeaseBase · Sacramento landlord · Self-managing since 2019

LeaseBase is a property management platform — not a law firm. Consult an attorney for legal advice specific to your situation.