MOBILE HOME RENTAL AGREEMENTS & LANDLORDS

HB 418 would require mobile home rental agreements in New Mexico to have a minimum 24-month initial term, extend the notice period for nonpayment of rent from 30 to 60 days, and prohibit landlords from increasing rent during land use change notice periods. It clarifies termination procedures, mandates landlords to disclose mailing addresses in disputes, and bans unreasonable restrictions on tenants selling their mobile homes. The bill directly affects mobile home tenants and landlords in New Mexico by increasing lease stability and transparency. Key provisions aim to prevent abrupt evictions and provide clearer tenant protections under the Mobile Home Park Act.