Free Mississippi Residential Lease Agreement Form
Start a comprehensive and legally binding Mississippi lease agreement to rent real estate you own to one or more tenants. Get guidance on each step and expert tips with the help of our contract maker.
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What Is a Mississippi Standard Lease Agreement
An MS lease agreement is a legally binding contract between a landlord and a tenant. This is written to conform to state laws where the property is located. In Mississippi, these allow both parties to comply with a series of set terms for a specified number of months or years.
However, the big difference is the duration that they cover. Rental agreements usually only cover short-term tenancies of a few months at a time or month-to-month contracts. Leases, on the other hand, cover a set number of months or years.
A lease agreement should contain the following details:
How long the tenant may legally reside in the property
How much rent should be paid
Information about the security deposits necessary
When rental installments are due
Any additional costs that must be serviced by the tenant
The rules regarding the proper use of the property
Situations that constitute lease violation eviction procedures
Types of Mississippi Lease Agreements
There’s more than one type of lease agreement in Mississippi and selecting the correct one can be crucial. Each kind refers to a different type of property and/or rental situation. Therefore, you must create the right class of document, in order for your lease agreement to cover all the necessary terms.
The most common types of lease agreements in Mississippi include:
Standard residential lease agreements: Both the landlord and tenant commit to a fixed set of terms for a set period of time.
Rent-to-own lease agreements: Designed for tenants that wish to buy the property they are renting during or after the lease has ended. This typically requires the tenants to pay an additional sum of money each month, to cover the principal costs.
Month-to-month rental agreements: The same general terms as a standard residential lease contract, but they can be renewed, altered, or ended on a month-by-month basis.
Commercial lease agreements: Provided by landlords of retail property to tenants that will use the real estate to manage a business.
Room rental agreements: Used for rooms within properties that have shared living areas.
Sublease agreement: Allows tenants to assign or lease the property to another individual as long as they have the property landlord’s permission.
Disclosures for Mississippi Lease Agreements
There are various disclosures and addendums that you can include within Mississippi lease agreementswhen they are completed and signed. These are made to inform the tenant about any health risks, potential issues, or details about how the property is managed.
The list below includes the legally essential addendums in Mississippi:
Lead paint disclosure: Landlords must disclose whether lead paint can be found on the property (if the building was constructed before 1978).
Mississippi Lease Agreement Laws
Mississippi lease agreements must be written according to the laws of MS state, to ensure that they are legally binding and hold up in court. These regulations will determine what terms you can include in the contract alongside matters such as eviction procedures.
The most relevant laws to take into consideration when renting a property in Mississippi are:
Security deposits: In Mississippi,there is no statutory limit on how much a landlord can charge as a deposit. However, the amount collected must then be returned to the tenant no more than 45 days after they vacate the property. The tenant must also be informed in advance of any deductions (§ 89-8-21).
Landlord’s right to enter: Landlords don’t need to provide any notice if they plan to enter the property for maintenance or another suitable reason.
Mississippi Residential Lease Agreement Sample
Looking over a completed Mississippi lease agreement sample is a good place to start when you’re planning to create your own document. Use our template example below to understand the information that goes into this form and to learn more about what your document can do.
FAQs About Mississippi Lease Agreements
It is important to carefully prepare a Mississippi lease agreement to suit the needs of the landlord and tenant exactly. To help demystify the process a little, simply review our FAQs below to learn more about the specificities of rental contracts in Mississippi.
How to Create Your Own Lease Agreement in Mississippi?
It is possible to create a Mississippi lease agreement completely online. Using our MS residential lease agreement maker you can tailor your document for your specific needs and take advantage of professional templates and expert tips.
Do I Need to Notarize my Mississippi Residential Lease Agreement?
It is not necessary to notarize an MS residential lease agreement. However, whilst this might not be a legal requirement in Mississippi state, signees are still advised to consider this step to provide further legal enforceability.
When Can a Landlord Change The Lease in Mississippi?
Usually, a Mississippi lease agreement cannot be changed once it is signed. Its terms will remain fixed until it reaches its agreed expiration date or it is terminated due to a violation by either party.
With a rental agreement or month-by-month tenancy, however, the terms of the agreement can potentially be changed each rental period. This means the landlord can amend or end the terms of the contract at the end of a 30 day rental period.
You are only a few steps away from your own Mississippi Lease Agreement!