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A Mississippi month-to-month rental agreement is a lease with no end date and is only terminated when notice is sent by either the landlord or tenant of at least thirty (30) days. The landlord has the right to terminate this agreement by sending a notice to the other party.
If the tenancy is month to month, without a set ending date to the lease, either the landlord or tenant may terminate the lease by giving 30 days written notice. No reason is required for the termination.
Code § 21-17-5(2)). Late Fees: There is no statutory limit on late fees in Mississippi. What is a reasonable late fee for rent in Mississippi? A typical late fee ranges from 5%-10% of monthly rent.
How to Terminate Your Lease Early Review Your Lease Agreement: ... Communicate with the Landlord or Property Manager: ... Determine the Reason for Early Termination: ... Check for Legal Grounds: ... Provide Written Notice: ... Comply with Notice Period: ... Pay Rent and Fees: ... Inspect and Clean the Property:
Unless the agreement specifies a definite term, a lease is either month-to-month or week-to-week depending on when the tenant pays rent. Month-to-month tenancies require a 30-day notice prior to termination; week-to-week require a 7-day notice. A threat to health or safety in the dwelling requires no prior notice.
Must be 21 years of age or 18 and married and your total annual income can not exceed the income limits as determined by the Department of Housing and Urban Development. Residents must have the ability to meet their obligations under the Lease Agreement.
During your tenancy, your landlord is also required to maintain the premises in a habitable condition. This means they must, among other things, comply with building and housing codes materially affecting health and safety, and maintain the unit in substantially the same condition it was in at the start of the lease.
If a rental agreement is terminated early by either party the landlord must return any prepaid rent and security deposit, in ance with Miss. Code § 89-8-21, Tenant's Security Deposit. And if the breach is for nonpayment of rent, the 30 day notice period is not required to terminate the lease agreement.
The landlord must give the tenant a 30 day written notice of eviction which must (1) state specifically what the tenant has done that is a breach of the lease or the landlord-tenant act; (2) state that the lease will terminate in 30 days if the tenant has not remedied the breach in some way.