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Mississippi Standard Residential Lease Agreement

A Mississippi residential lease agreement is a legal document that enters a tenant and a landlord into an arrangement pertaining to the rental of a property. The most common length for this type of agreement is one year.
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Rental Application – Used by landlords to screen tenants.

Required Disclosures (1)

1. Lead-Based Paint Disclosure & EPA Pamphlet – If the property was built before 1978, then these disclosures must be attached to the lease agreement. They disclose to the tenant that there could be lead-based paint in the walls or on the ceiling.

Security Deposit Laws

Maximum Amount – None.

Returning – A security deposit must be returned within 45 days of the end of a tenancy. Any deductions should be detailed in an itemized list.[1]

Rent Payment Laws

Grace Period – None.

Maximum Late Fee – None.

NSF Fee – A landlord can charge up to $40 as a penalty for a bounced check.[2]