Mississippi Standard Residential Lease Agreement

A Mississippi standard residential lease agreement is a one-year rental contract between a landlord and a tenant. This contract allows the tenant to inhabit the unit on the first day of the lease. The agreement will outline the due dates, security deposit, compliances, and property rules. The document is legally binding and must be signed by both parties.

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Last updated May 10th, 2024

A Mississippi standard residential lease agreement is a one-year rental contract between a landlord and a tenant. This contract allows the tenant to inhabit the unit on the first day of the lease. The agreement will outline the due dates, security deposit, compliances, and property rules. The document is legally binding and must be signed by both parties.

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Disclosures

Lead-Based Paint Disclosure – Federal law requires landlords of buildings constructed before 1978 to give their tenants a lead paint disclosure before signing the lease agreement. (EPA/HUD Fact Sheet)

Rent Grace Period

Mississippi law does not provide a mandatory grace period, meaning there is no grace period. The rent must be paid on the date agreed to in the lease agreement.

Security Deposit

Maximum Amount – There is no set maximum security deposit amount required by Mississippi law.

Returning – Landlords must return the security deposit back to the tenant within 45 days of the lease termination. (§ 89-8-21(3))

  • Deductions – The landlord must provide an itemized list of damages if there are deductions made to the security deposit. (§ 89-8-21(3))