A Mississippi residential lease agreement is a standard one (1) year contract that binds the renter and landlord for the full extent of the term unless each mutually agrees to break the lease. The landlord is typically due rent on the first (1st) of every month and if the lessee moves in prior to the 1st, then the rent is usually pro-rated to reflect the…
Mississippi Rental Lease Agreements (6 Types)
Mississippi rental agreements allow a landlord (“Lessor”) and a tenant (“Lessee”) to come together in a real estate contract. The lessee agrees to rent the premises stated for monthly payments negotiated in the contract along with other standard terms and conditions. Landlords will often screen potential tenants by demanding that they undergo a credit application to measure their ability to pay rent. Once the agreement has been signed by both parties, it becomes legally binding.
Laws – Mississippi Code Title 89, Chapter 7 – Landlord and Tenant and Chapter 8 – Residential Landlord and Tenant Act
A Mississippi month-to-month lease agreement is a preferred tenant arrangement where the lessee can occupy the property by paying rent each month but is not liable for a fixed term. The contract under the terms allows for the landlord or the tenant to be able to modify the agreement with thirty (30) days of written notice to one another. Other than the differences in the…
A Mississippi rental application is the only form available for a landlord or their representative to check a tenant’s credit, job, and background information before authorizing a lease agreement. A fee is usually charged to conduct this service ($15 to $50) which pays for any administrative or credit report fees in association with performing the verification. After a thorough examination, the landlord should make a…
A Mississippi sublease agreement form is used by tenants with a fixed term lease and who seek to have another person (hereinafter referred to as the “sublessee”) to occupy either part of the space such as a room or the entire unit. The sublessee may not legally sign on to an agreement that goes further than the original lease signed with the landlord (unless the…
A Mississippi roommate agreement is a document that anyone entering into a roommate situation can use to hold each other accountable. This agreement becomes legally binding once all parties have signed and, therefore, any tenant who breaks the agreement can experience serious repercussions. Furthermore, having a written record of the payments that each roommate agrees to make and has made (if there is a security…
A Mississippi commercial lease agreement is a template used to bind two parties, a landlord and a tenant, to a commercial rental arrangement. Whereas the tenant is looking for a space to conduct their business, the landlord has retail, office, or industrial property that they will rent to them for a monthly fee. The amount of rent is usually calculated through the square footage of…