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When an owner leases her property, she temporarily relinquishes the right to: occupy the property.
*To be valid, a lease must meet the same essential elements as any other contract: capacity to contract, legal objective, offer and acceptance, and consideration.
Generally, if the leased premises are taken by government power or eminent domain, the lease will be terminated as of the date of taking (unless the lease specifically provides otherwise), and the tenant's obligation to pay rent would cease.
Lease termination notices usually order the tenant to do one of the following: "Pay Rent or Quit": The tenant must pay rent within a set time (usually three to five days) or vacate the rental unit. "Cure or Quit": The tenant must correct a violation of the lease or rental agreement within a defined period of time.
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.
A rental agreement is usually short term or month-to-month, while a lease is typically for a longer period of time, usually six months or more. Find out more about what it means to rent or lease and the pros and cons of each.
3. § 89-8-11. Landlord Regulations on Tenant Usage: (1) A landlord may, from time to time, adopt rules or regulations, however described, concerning the tenant's use and occupancy of the premises.
Under Mississippi eviction laws, landlords must adhere to the notice requirements and provide a written notice to tenants before initiating eviction proceedings. For nonpayment of rent, the notice period is 3 days, during which the tenant has the opportunity to pay the outstanding rent in order to avoid eviction.