Accounting period30 days
Subsection C uses the later of termination or resident departure.
If withholdingWritten itemization
The deduction list and remaining balance are part of the statutory disposition.
MailingLast known address
The statute treats mailing the required statement/payment there as compliance.
Use the later date
- Rental-agreement termination date.
- Resident-departure date.
- Use the later of those two for the subsection C accounting timeline.
- Preserve the envelope or electronic records showing when the statement was sent.
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.