How long does a homeowner have to cancel a home improvement contract in New Mexico?

In New Mexico, a buyer may cancel a door-to-door sale of consumer goods or services of $25 or more (including a seller-initiated telephone sale) at any time before midnight of the third business day after the date of the transaction, by mailing or delivering a signed written notice, or sending a telegram, to the seller. The seller must give the buyer a completed contract or receipt stating in at least ten-point boldface type, next to the buyer’s signature, that the buyer may cancel before midnight of the third business day, together with an easily detachable "NOTICE OF CANCELLATION" form in duplicate in the statutory wording, and must tell the buyer orally of the right to cancel; failing to do any of these is an unfair or deceptive trade practice. Within ten business days after receiving a valid notice of cancellation the seller must refund all payments, return any goods traded in, and cancel and return any negotiable instrument the buyer signed. A sale is not covered when the buyer initiated it, the goods or services are needed for a bona fide immediate personal emergency, and the buyer gives the seller a separate dated and signed statement in the buyer’s own handwriting describing the emergency and expressly waiving the right to cancel within three business days. The federal cooling-off rule separately gives three business days to cancel many sales made at the buyer’s home. This is N.M. Stat. Ann. § 57-12-21.

WhatNew Mexico
Right to cancel3 business days for door-to-door sales

What the statute says

“You, the buyer, may cancel this transaction at any time prior to midnight of the third business day after the date of this transaction.”

Quoted word for word from the section’s text.

Source

N.M. Stat. Ann. § 57-12-21

Read the statute in the New Mexico Statutes (New Mexico Compilation Commission): nmonesource.com.

The linked sections open Justia’s free copy of the code, because the state’s own site has no stable address for each section.

Checked against the statute on November 15, 2026.

This is a summary of a published statute, not legal advice. Rules change, local ordinances can add to them, and the terms of a specific lease may differ. Check the citation and speak to a lawyer before acting.

How Seayora uses this rule

An estimate on Seayora carries its own terms and contract text, and the customer’s approval is recorded with its date, so the day a cancellation period starts is on file for both the contractor and the homeowner.

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