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Mississippi Rental Lease Agreements | Laws

A Mississippi lease agreement is a document that binds a landlord and a tenant to the terms and conditions of renting commercial/residential real estate. It will dictate the cost of rent, the responsibilities of the tenant, the potential causes for termination, and the length of the lease. Generally speaking, the landlord will screen all applicants to ensure that they’re creditworthy and have sufficient income to reliably pay rent on time. Once all terms have been reviewed by the parties concerned, each applicable signatory can provide their signature to render the document legally binding.

Rental Application – A rental application is a document filled out by a tenant who wishes to rent out a piece of property. It will provide their financial and personal information to provide the landlord with enough information to ascertain whether or not they are a viable candidate.

Contents

Agreements: By Type (7)


Commercial Lease Agreement – This agreement is used to rent out commercial real estate such as warehouses, retail outlets, restaurants, or office space.

Download: Adobe PDF, MS Word, OpenDocument


College Roommate Agreement – This agreement enables two (2) or more roommates to define the rules of a shared living space.

Download: Adobe PDF, MS Word, OpenDocument


Lease with Option to Purchase (Lease to Own) – A tenant will be able to rent the property and eventually buy it from the owner should they opt to sign a lease with an option to purchase.

Download: Adobe PDF, MS Word, OpenDocument


Month to Month Lease Agreement – This agreement is also called an at-will lease as it allows the tenant to renew the lease with a rent payment, but terminate the agreement at any time with sufficient notice.

Download: Adobe PDF, MS Word, OpenDocument


Roommate Agreement – The roommate agreement enables individuals sharing an apartment, house, or other domicile to determine the division of utilities, rent, and other responsibilities.

Download: Adobe PDF, MS Word, OpenDocument


Standard (1-year) Lease Agreement – This agreement is used for most residential rental properties. It has a one-year term and relays the standard information required in a rental agreement for both parties to sign off on.

Download: Adobe PDF, MS Word, OpenDocument


Sublease Agreement – The sublease agreement enables a tenant to rent out their space to a third-party sublessee.

Download: Adobe PDF, MS Word, OpenDocument

 


Landlord-Tenant Laws

Disclosures

There are no state-specific disclosures that a landlord must present to a tenant before renting out their property.

Landlord’s Access

General Access – There is no mention of a notice period required before a landlord may access the rental property. It is recommended that a period of twenty-four (24) hours or more be supplied to maintain good landlord-tenant relations.

Emergency Access – In Mississippi, there is no statute that restricts a landlord from accessing their property whenever they deem it necessary.

Rent

Grace Period – Not mentioned in state statutes.

Maximum Fees ($) – Not mentioned in state statutes.

Rent Increase Notice – Not mentioned in state statutes.

Security Deposits

Maximum Amount ($) – Not mentioned in state statutes.

Returning to Tenant (§ 89-8-21) – The security deposit must be returned to the tenant within forty-five (45) days of the lease termination.

Interest Required? – Not mentioned in state statutes.

Separate Bank Account? – Not mentioned in state statutes.