DeductionsItemized in writing
Required when part of the deposit is retained.
BalanceReturned with disposition
The remaining deposit, if any, is part of the required accounting.
Review each line
- Is the line unpaid rent, utility, repair, cleaning or claimed damage?
- What lease or statutory obligation is it tied to?
- What condition evidence supports the charge?
- What invoice, receipt or calculation supports the amount?
- Does the charge appear to be normal wear?
Check the exact lease term and dates. New Mexico deposit limits differ by rental-agreement duration, and the accounting rule has specific timing language. Educational information only.