A Mississippi standard 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.
The lease agreement includes details such as rent amount, rental period, security deposits, utilities, and termination options. After signing the lease, the contract remains valid until the end of the term or until one party terminates it in accordance with state law.
Considerations on Lease Length
- 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. (§ 89-8-19)
- 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.
Security Deposit
- Maximum Amount ($): No state-imposed limit
- Returning to Tenant: Within 45 days (§ 89-8-21(3))
Rent Grace Period
There is no rent grace period for rent payments.
Landlord Resources
- Landlord-Tenant Laws – Title 89, Chapter 7 (Landlord and Tenant)
- Handbook – Moving In: A Guide to Landlord-Tenant Law (PDF)