Real Estate Law
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The lease for the lot would have to be between the owner of the trailer and the lot owner. If you sell the trailer to the tenants, they would need to sign any new lease. Otherwise, you would need to sign the lease.
Also, you are correct that in a month to month rental arrangement, you must be given a 30 day notice of any rent increase under N.M. Stat Ann s 47-8-37. If the tenant tries to increase the rent without this much notice, it would not be legal.