Property Management
In New Mexico, a landlord who refuses to make a repair that affects habitability may face a tenant's claim under the:
ANew Mexico Real Estate Commission rules
BImplied warranty of habitability codified in the Uniform Owner-Resident Relations Act (UORRA)✓ Correct
CFederal Fair Housing Act
DNew Mexico Clean Air Act
Explanation
New Mexico's UORRA codifies the implied warranty of habitability. A landlord who fails to maintain habitable conditions allows the tenant to pursue remedies including repair-and-deduct, rent reduction, or lease termination.
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Key Terms to Know
Fair Housing Act
Federal law prohibiting discrimination in the sale, rental, or financing of housing based on race, color, national origin, religion, sex, disability, and familial status.
Earnest MoneyA deposit made by the buyer when submitting a purchase offer, demonstrating serious intent and serving as consideration for the contract.
ContingencyA condition in a purchase contract that must be satisfied before the sale can proceed to closing.
Purchase AgreementA legally binding contract between a buyer and seller that outlines the terms and conditions of a real estate sale.
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