Official Residential Lease Agreement Document for Mississippi State Fill Out Your Document Now

Official Residential Lease Agreement Document for Mississippi State

The Mississippi Residential Lease Agreement form serves as a legally binding contract between a landlord and a tenant. It outlines the terms under which the tenant can occupy and use the residential property. This includes details such as the duration of the lease, monthly rent amount, and responsibilities of both parties.

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When seeking to establish a clear and enforceable living arrangement, landlords and tenants in Mississippi often turn to the Residential Lease Agreement as their tool of choice. This crucial document not only delineates the boundaries of the rental relationship but also outlines the rights and responsibilities of each party involved, thereby minimizing potential disputes. It details the terms of the tenancy, including but not limited to the duration, rent amount, payment schedules, and any other conditions or rules deemed necessary by the parties. Moreover, it addresses maintenance obligations, utilities, and lease termination conditions, providing a comprehensive framework that protects the interests of both the landlord and tenant. Given its importance, the formulation of a Residential Lease Agreement requires careful consideration of Mississippi's legal landscape to ensure it complies with all relevant housing laws and regulations, offering peace of mind to both parties that their rental arrangement rests on solid legal ground.

Sample - Mississippi Residential Lease Agreement Form

Mississippi Residential Lease Agreement Template

This Mississippi Residential Lease Agreement (hereinafter referred to as "Agreement") is entered into on this ______ day of ____________, 20____ (the "Effective Date"), by and between _______________________________________________________________________ (hereinafter referred to as "Landlord") and _______________________________________________________________________ (hereinafter referred to as "Tenant(s)").

WHEREAS, Landlord is the rightful owner of the property located at _______________________________________________________________________ (hereinafter referred to as the "Premises") and desires to lease the Premises to Tenant(s) on the terms and conditions set forth herein; and

WHEREAS, Tenant(s) desire to lease the Premises from Landlord for residential purposes only, under the terms and conditions set forth herein.

NOW, THEREFORE, for and in consideration of the mutual promises and stipulations contained herein, and other good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, it is agreed as follows:

1. Lease Term

The lease term shall commence on _____________, 20____, and shall terminate on _____________, 20____, unless sooner terminated according to the provisions herein or extended by mutual agreement in writing between Landlord and Tenant(s).

2. Rent

Tenant(s) agree to pay Landlord rent in the amount of $_____ per month, due and payable in advance on the first day of each month during the term of this Agreement. The first month's rent is due upon signing this Agreement.

3. Security Deposit

Tenant(s) shall pay a security deposit of $_____ to Landlord upon execution of this Agreement. This deposit shall be held by Landlord for the duration of the lease to cover any damages beyond normal wear and tear, unpaid rent, and any other charges mentioned in this Agreement. The security deposit shall be returned to Tenant(s), minus any deductions, within thirty (30) days after the termination of this Agreement.

4. Use of Premises

The Premises shall be used exclusively for residential purposes and shall not be used for any unlawful activities. Only the individuals listed in this Agreement as Tenant(s) and their minor children may reside at the Premises.

5. Maintenance and Repairs

Tenant(s) agree to maintain the Premises in good, clean, and tenantable condition and to promptly notify Landlord of any necessary repairs. Landlord is responsible for repairs to the structure of the Premises and to provide a habitable dwelling as required by the Mississippi Residential Landlord and Tenant Act.

6. Access by Landlord

Landlord shall have the right to access the Premises at reasonable times for inspections, repairs, and maintenance, and for showing the Premises to prospective tenants or buyers. Landlord shall provide Tenant(s) with reasonable notice of intent to enter, except in case of emergency.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Mississippi, without giving effect to any principles of conflicts of law.

8. Entire Agreement

This Agreement constitutes the entire agreement between the parties pertaining to its subject matter and supersedes all prior agreements, understandings, negotiations, and discussions, whether oral or written, of the parties. Any amendments to this Agreement must be in writing and signed by both Landlord and Tenant(s).

9. Signatures

This Agreement shall be signed by Landlord and Tenant(s). By their signatures below, the parties acknowledge that they have read, understood, and agreed to the terms and conditions of this Agreement.

Landlord Signature: __________________________________ Date: ____________

Tenant Signature(s): __________________________________ Date: ____________

PDF Characteristics

Fact Description
Governing Law The Mississippi Residential Lease Agreement is governed by the Mississippi Code Title 89 - Real and Personal Property.
Security Deposit In Mississippi, the maximum security deposit a landlord can charge is equivalent to one month's rent, according to the Mississippi Code Ann. § 89-8-21.
Security Deposit Return The landlord must return the security deposit within 45 days after the lease ends and the tenant has moved out, as per the Mississippi Code Ann. § 89-8-21.
Notice Period for Lease Termination For a year-long lease, a 60-day notice is required for termination. For a month-to-month lease, a 30-day notice is required, based on Mississippi law.
Rent Increase Notice Mississippi does not stipulate a specific time frame for rent increase notices for month-to-month tenancies; therefore, landlords often provide a 30-day notice.
Late Fees Late fees for rent payments are not specifically regulated under Mississippi law, but they should be reasonable and outlined in the lease agreement.
Right of Entry While Mississippi law does not specify exact notice periods for landlord entry, it is common practice to give at least 24 hours’ notice before entering a rented property.
Maintenance and Repair Rules Under Mississippi law, landlords are required to maintain the property in a habitable condition, with all necessary repairs done in a timely manner.

FAQ

What is a Mississippi Residential Lease Agreement?

A Mississippi Residential Lease Agreement is a legally binding contract between a landlord and a tenant. It outlines the terms and conditions under which the tenant can rent property from the landlord in Mississippi. This includes the duration of the lease, monthly rent, security deposit, and other conditions related to the use of the property.

What should be included in a Mississippi Residential Lease Agreement?

The following details are typically included in a Mississippi Residential Lease Agreement:

  1. The full names and contact information of the landlord and tenant(s).
  2. The property address and description.
  3. The term of the lease, including start and end dates.
  4. The amount of rent, when it is due, and how it should be paid.
  5. Security deposit details, including the amount and conditions for return.
  6. Information regarding utilities and who is responsible for paying them.
  7. Policies on pets, subletting, and smoking.
  8. Repair and maintenance responsibilities.

How long can a lease term be in Mississippi?

In Mississippi, the lease term can be as short or as long as both parties agree. However, residential leases are typically for one year. Shorter or longer terms can be negotiated based on the landlord's and tenant's needs and preferences.

Is a security deposit always required in Mississippi?

No, Mississippi law does not mandate that a security deposit is always required. However, most landlords do require a security deposit to cover potential damages or unpaid rent. The terms regarding the security deposit should be clearly outlined in the lease agreement.

Can a lease automatically renew in Mississippi?

Yes, a lease can automatically renew in Mississippi if such a provision is included in the lease agreement. This is often referred to as a "renewal clause." Without this clause, the lease will not automatically renew, and the parties must agree to a new lease if the tenant continues to occupy the property.

What are the responsibilities of the landlord under the lease agreement?

Under a Mississippi Residential Lease Agreement, the landlord is typically responsible for:

  • Maintaining the property in a habitable condition.
  • Complying with building codes and safety regulations.
  • Making necessary repairs to keep the property in good condition.
  • Respecting the tenant's right to quiet enjoyment.

What are the responsibilities of the tenant under the lease agreement?

The tenant's responsibilities under a Mississippi Residential Lease Agreement commonly include:

  • Paying rent on time.
  • Keeping the property clean and undamaged, beyond normal wear and tear.
  • Informing the landlord of any needed repairs.
  • Abiding by the terms of the lease and property rules.

What happens if either party wants to terminate the lease early?

If either the landlord or the tenant wishes to terminate the lease early, they must refer to the terms outlined in the lease agreement regarding early termination. Typically, there are clauses that specify the conditions under which early termination is allowed and any penalties or notice periods required. Without specific provisions, terminating a lease early could result in legal or financial consequences for the terminating party.

Other Common Residential Lease Agreement State Forms