To terminate tenancy for nonpayment of rent, what is the minimum written notice a property manager must provide?

In New Mexico, when it comes to terminating a tenancy for nonpayment of rent, the law stipulates that the property manager or landlord must provide written notice to the tenant. The minimum notice period required is three days. This short timeframe is designed to expedite the process of addressing issues related to unpaid rent, allowing landlords to take swift action when tenants are in default.

Providing only three days for tenants to respond or pay the owed rent reflects the urgency of such situations, as prolonged nonpayment can significantly affect the landlord's financial situation. Once the notice is given, if the tenant does not comply by paying the overdue rent or vacating the property, the landlord can proceed with eviction processes.

Other timeframes, such as ten days, thirty days, or ninety days, are typically associated with different rental termination circumstances and are not applicable specifically for nonpayment of rent. Thus, the correct answer underscores the efficiency intended in New Mexico's laws regarding nonpayment issues.