Mississippi Release of Lease

State:
Multi-State
Control #:
US-OG-817
Format:
Word; 
Rich Text
Instant download

Description

This lease rider form may be used when you are involved in a lease transaction, and have made the decision to utilize the form of Oil and Gas Lease presented to you by the Lessee, and you want to include additional provisions to that Lease form to address specific concerns you may have, or place limitations on the rights granted the Lessee in the “standard” lease form.

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FAQ

A Mississippi lease does not need to be notarized to be valid and enforceable. In fact, notarizing a lease is extremely rare?increasingly so as more and more residential leases are e-signed.

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.

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.

In Mississippi, landlords cannot take eviction action against a tenant or force them to vacate the property without probable cause?and without a notice. As long as the tenant does not violate any rules, they can stay within the days of their rental period.

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.

A landlord cannot evict you without going to court and getting a court order. The landlord takes you to court by having you served with a summons and complaint.

A Mississippi rent-to-own lease agreement is between a tenant seeking a rental property with an option to also purchase. The option is only available during the term of the lease. If the tenant decides not to buy, the lease will terminate on its end date.

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.

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Mississippi Release of Lease