The Monthly Property Tax Payment Agreement is the form a property owner signs to ask the Bernalillo County Treasurer to accept monthly payments toward the estimated property tax due for Tax Year 2024. It is one of the Bernalillo County property tax forms published by the Treasurer, and it enrolls the owner in the Monthly Property Tax Prepayment Program, with ten payments made by coupon or by automated withdrawal. On this page you can fill out the form online on FillingPDF and download or print the completed PDF; the original is published by the county at bernco.gov, and the signed agreement is returned to the Treasurer by mail.
Last updated
What is Monthly Property Tax Payment Agreement – Bernalillo County, NM?
The Monthly Property Tax Payment Agreement is the form in which a property owner asks the Bernalillo County Treasurer to accept monthly payments toward the estimated property tax due for Tax Year 2024, under the Treasurer's Monthly Property Tax Prepayment Program.
The agreement is issued by the Office of the Treasurer of the County of Bernalillo, New Mexico, and states that it is made pursuant and subject to NMSA, Section 7-38-38.3 of the New Mexico Tax Code. It is preceded in the same PDF by the Monthly Property Tax Prepayment Guidelines, which set out the participation criteria and the payment process.
The owner makes 10 monthly payments. The first 9 are 10% of the prior year's tax bill, and the 10th and final payment is the remaining balance based on the current year's tax bill. The owner chooses one of two payment options on the form: payment coupons returned with payment by the 1st of each month, or 10 automated withdrawals through ACH. An ACH choice also requires the Authorization for Automated Withdrawal section at the end of the form.
The agreement can be ended. Either party may terminate it on ten (10) days written notice, and on termination all funds held by the Treasurer are applied to the tax bill and shown as a partial payment. Monthly payments received on the account are not refunded except as required by law.
The Treasurer's forms page for the county also lists two other Treasurer documents, the Automatic Tax Bill Payment Option and the Property Tax Refund Request, which are separate from this agreement.
Who needs to file Monthly Property Tax Payment Agreement – Bernalillo County, NM?
Property owners in Bernalillo County who want to pay their property tax in monthly payments instead of in the regular halves use this agreement. The Treasurer's guidelines attach several conditions to participation:
- All property tax must be current and show a zero balance.
- The property tax must be paid by the property owner directly. It cannot be escrowed or included in the owner's monthly mortgage payment.
- The owner must request and submit the monthly tax payment form, and must enroll by August 31st, the final day to enroll.
The guidelines state that there is no service charge for participating in the program.
The form is written for the owner or owners ("I/we") and is signed by the owner. It names no representative who may sign for the owner.
Owners who sell or transfer the property during the program must give the Bernalillo County Treasurer's Office written notification of cancellation. Participation ends if the property taxes become delinquent, if the account receives a total of two NSF (insufficient funds) fees, or if no payment is made within a five-month period.
When to file Monthly Property Tax Payment Agreement – Bernalillo County, NM
Submit the agreement no later than August 31st, the final day to enroll in the Monthly Property Tax Prepayment Program. The Treasurer's guidelines state that ten payment coupons are mailed to the property owner by May 22nd, and the 2024 agreement prints that coupons will be mailed on or about May 22, 2024.
Payments are due on the 1st of each month beginning June 1st and ending March 1st; the 2024 agreement gives June 1, 2024 for the first payment and March 1, 2025 for the last. ACH withdrawals are pulled on the 8th of each month, June through March, or on the next business day.
The agreement also states that penalty and interest apply to the balance if the first half taxes have not been received by December 10, 2024, and the second half taxes by May 10, 2025. Taxes not paid by the delinquent date accrue penalty and interest on the unpaid balance. If the taxes become delinquent, the agreement is voided and terminated.
Documents you need
- A voided check, attached to the agreement, only if you choose the 10 automated withdrawals option and complete the Authorization for Automated Withdrawal section.
How to fill out Monthly Property Tax Payment Agreement – Bernalillo County, NM
Confirm you can join the program
Check the guidelines on the first page: property tax must be current with a zero balance, paid by you and not escrowed, and you must enroll by August 31st.
Enter the owner name in the request
In the opening sentence beginning "I/ we", write the name of each owner who requests monthly payments toward the Tax Year 2024 property tax.
Enter the parcel ID and property address
Write the Property Parcel ID and the Property Address of the property covered by the agreement.
Enter owner names and mailing address
Under Owner Name(s), list each owner. Under Mailing Address, enter the address where the Treasurer should mail the payment coupons.
Add your phone and email
Fill in the Phone and Email lines so the Treasurer's Office can reach you.
Check one payment option
Under Payment Options: (Check One), select either coupons with payment returned by the 1st of each month, or 10 automated withdrawals.
Sign and date the agreement
The owner signs on Signature of owner and enters the date. By signing, you accept the terms printed above the signature, including the termination and penalty rules.
Complete the automated withdrawal authorization
Only if you chose automated withdrawals, sign and date the Authorization for Automated Withdrawal. Leave it blank if you chose coupons.
Review, download and prepare to mail
Check every entry and the payment option, then download or print the completed PDF from FillingPDF. If you chose ACH, attach a voided check and mail the package as described under How to submit.
How to submit Monthly Property Tax Payment Agreement – Bernalillo County, NM
The agreement is returned to the Treasurer by mail; the form names no other channel.
- By mail: send the completed agreement to Bernalillo County Treasurer, PO Box 627, Albuquerque N.M. 87103.
- If you choose automated withdrawal: complete the Authorization for Automated Withdrawal section and attach a voided check to the agreement.
- Questions: the Treasurer's Office lists 505-468-7031.
Return the form by August 31st, the last day to enroll. Choosing coupons means returning each coupon with payment by the 1st of each month. If you change banks or account numbers while paying by ACH, notify the Bernalillo County Treasurer's Office promptly. If the property is sold or transferred, send the Treasurer's Office a written cancellation notice.
FillingPDF lets you fill out and download the PDF; submission follows the channels above.
Common mistakes to avoid
- Returning the agreement after August 31st, the final day to enroll in the monthly program.
- Enrolling while the property tax account still has a balance; the guidelines require all property tax to be current with a zero balance.
- Enrolling a property whose tax is escrowed or included in the monthly mortgage payment; the program is for taxes paid directly by the owner.
- Checking neither payment option, or both, when the form says to check one.
- Choosing automated withdrawal but leaving out the signed Authorization for Automated Withdrawal or the voided check.
- Not telling the Treasurer's Office promptly when you change banks or account numbers while paying by ACH.
- Selling or transferring the property without sending the Treasurer's Office a written cancellation notice.
- Assuming the monthly payments replace the penalty dates: penalty and interest still apply if first half taxes are not received by December 10, 2024 or second half taxes by May 10, 2025.
- Letting two NSF fees accrue or missing payments for a five-month period, either of which ends participation in the program.
- Mailing the signed agreement to an address other than PO Box 627, Albuquerque N.M. 87103.
Frequently asked questions
Can I pay my Bernalillo County property tax monthly?
Yes, through the Treasurer's Monthly Property Tax Prepayment Program. You submit the Monthly Property Tax Payment Agreement by August 31st and make 10 monthly payments, by coupon or ACH. Your property tax must be current with a zero balance and not escrowed in a mortgage payment.
What is the deadline to enroll in the monthly property tax program?
August 31st is the final day to enroll in the monthly program, according to the Treasurer's guidelines. Payments are due on the 1st of each month from June 1st through March 1st, so enrolling is meant to happen before or around the first payment date.
How much is each monthly payment?
The first 9 payments are each 10% of the prior year's tax bill. The 10th and final payment is the remaining balance based on the current year's tax bill. The agreement also says each monthly payment must equal or exceed the full amount of taxes due for that installment.
Is there a fee to join the monthly property tax program?
No. The Treasurer's guidelines state there is no service charge for participating in the Monthly Property Tax Prepayment Program. Penalty and interest still apply to taxes not paid by the delinquent date, and NSF fees can arise if a payment fails.
Where do I mail the Monthly Property Tax Payment Agreement?
Mail the completed agreement to Bernalillo County Treasurer, PO Box 627, Albuquerque N.M. 87103. If you choose automated withdrawal, sign the Authorization for Automated Withdrawal section and attach a voided check. For questions, call the Treasurer's Office at 505-468-7031.
How does the automated withdrawal option work?
Ten payments are drafted from your account through ACH on the 8th of each month, June through March, or on the next occurring business day. Notify the Treasurer's Office promptly if you change banks or account numbers.
What happens if I miss payments or a payment bounces?
Receiving a total of two NSF fees during the program, or failing to make any payments within a five-month period, ends your participation. The agreement is also voided and terminated if the property taxes become delinquent.
What if I sell the property during the program?
You must send the Bernalillo County Treasurer's Office written notification of cancellation. Either party may also end the agreement on ten (10) days written notice, and funds held by the Treasurer are then applied to the tax bill as a partial payment.
Can I fill out the Monthly Property Tax Payment Agreement on FillingPDF?
Yes. You can fill out the PDF online on FillingPDF and download or print it. FillingPDF is an independent service, not connected to the Bernalillo County Treasurer, and does not submit the agreement; you mail it to the Treasurer yourself.
Ready to fill out Monthly Property Tax Payment Agreement – Bernalillo County, NM?
Fill out Monthly Property Tax Payment Agreement – Bernalillo County, NM now