A Mississippi standard residential lease agreement is a legal contract between a landlord and a tenant for the rental of a property. Before signing, a rental application is completed by the tenant for credit verification.
Lease Length Considerations
- Without a defined term in a rental agreement, the tenancy is considered week-to-week for weekly rent payers and month-to-month for all other cases. This means that the tenancy will default to these durations based on the frequency of rent payments [1] .
- Landlords and tenants can agree to lease terms of any length as long as they are specified in writing and signed by both parties.
- If the lease agreement is not in writing, it is generally limited to a term of one year or less.
Required Lease Disclosures
- Lead-Based Paint
For more details on the necessary disclosures and related laws, check out our Mississippi lease agreement page.
Security Deposit
- Maximum Amount ($): No state-imposed limit
- Returning to Tenant: Within 45 days [2] .
Rent Payment
- Grace Period: None.
- Maximum Late Fee: None.
Landlord Resources
- Landlord-Tenant Laws – Title 89, Chapter 7 (Landlord and Tenant)
- Handbook – Moving In: A Guide to Landlord-Tenant Law (PDF)