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Proper notice is required by the party wishing to terminate early. The nonbreaching party must deliver a written notice to the party who has breached the rental agreement.
Once the notice is delivered, the earliest the lease can terminate is 30 days after the beginning of the next rent period.
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.
Yes, Mississippi is one of the most landlord-friendly states in the country because it gives landlords broad power to handle eviction and set the terms of the lease. The information for this answer was found on our Mississippi Landlord Tenant Rights answers.
If a rental agreement is terminated early by either party the landlord must return any prepaid rent and security deposit, in accordance 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.
Mississippi tenants have to provide written notice for the following lease terms:Notice to Terminate a Week-to-Week Lease. 7-day written notice is required.Notice to Terminate a Month-to-Month Lease. 30-day written notice is required.Notice to Terminate a Yearly Lease with No End Date.
A notary can play an important role in making sure that a contract is legally enforceable, even if notarization isn't necessary. Just like wills, there is generally no requirement that a contract be notarized in order to be legally binding.
Mississippi landlords have rights, which include the right to collect rent and the right to reimbursement for damages to property that exceed normal wear and tear. Tenants also have rights which include pursuing housing without discrimination and the right to habitable premises.
Cancelling your existing lease agreementThe landlord can charge a reasonable cancellation fee which will take into account the time that it will take to get a new tenant and the costs of securing the new tenant. Most contracts now stipulate a reasonable penalty.
No, lease agreements do not need to be notarized in Mississippi.