Property

Sell a residential property with this Mississippi Real Estate Sale and Purchase Agreement.

• The sale is contingent upon the buyer being able to a new mortgage loan. If the buyer is not able to secure the loan after applying in good faith, any earnest money deposit already paid will be returned to the buyer.
• If the buyer fails to apply for the loan or complete the loan process, the buyer will be considered in default.
• The seller is responsible for paying and satisfying any special liens, and for providing a new hazard insurance policy at closing.
• The seller will pay the realtor's commission.
• The seller will convey good and marketable title by general warranty deed and must provide a Certificate of Title that the buyer can use to obtain title insurance.
• The seller must also provide a termite certificate.
• The Mississippi Real Estate Sale and Purchase Agreement is available in MS Word format and is easy to use and understand.

MS commercial landlords, renew and extend a tenant's business lease with this Mississippi Renewal and Extension of Commercial Lease.

• The tenant has no further right to extend or renew the lease.
• The renewal contract sets out the new expiry date and the rental payments for the renewal term.
• All other terms and provisions of the original lease remain in full force and effect.
• This Agreement is for commercial leases. For residential properties, a different form is required.
• This form is fully editable so you can customize it to your exact needs.
• Intended to be used only in the State of Mississippi.

• The Agreement establishes what is called a "periodic tenancy" because it runs from rental period to rental period (month to month or week to week).
• The tenant must pay late fees if the rent is not paid on time, and a charge for any returned checks.
• The tenant is responsible for yard maintenance.
• Procedure that the landlord must follow for returning the tenant's security deposit at the end of the tenancy.
• Provisions for termination by either party, in accordance with landlord-tenant laws.
• The file also contains a Lead Paint Disclosure form, as required by law.
• Also included is a Premises Condition Report to be jointly filled in by the landlord and the tenant at the beginning and the end of the tenancy.

Take applications from prospective tenants for a rental vacancy with this Mississippi Rental Application Form for Residential Tenancy.

• Tenants must supply information about:
  • current and previous employment,
  • monthly expenses,
  • rental history,
  • personal and credit references.
• This form can be used by both landlords and rental property managers. Great for multi-unit rental buildings.
• Available in MS Word format.
• Intended to be used in the State of Mississippi.

Mississippi landlords, hire one of your tenants to act as resident manager of your rental building with this Agreement to Act as Resident Manager.

• The tenant will act as resident manager of the rental building in exchange for free or reduced rent, plus a monthly management fee.
• The resident manager's duties and responsibilities include:
  • collecting rent and late fees and issuing receipts to tenants;
  • issuing eviction and default notices;
  • inspecting rental units after a tenancy ends and the tenant has vacated;
  • showing empty rental units to prospective tenants;
  • groundskeeping and building maintenance.
• The template is provided in MS Word format and is fully editable to fit your circumstances.
• Intended to be used only in the State of Mississippi.

Extend the term of a tenant's lease with this Mississippi Residential Lease Extension Agreement.

• The landlord and tenant must both agree to extend the lease term for an additional period.
• The lease cost now becomes a monthly rental payment for the duration of the extended term.
• All other provisions of the original lease which are not amended in the Extension Agreement remain the same.
• This Agreement is only for residential tenancies. For commercial leases, you need to use a different form.
• This legal form template is fully editable and easy to use.
• Intended for use only in the State of Mississippi.

MS tenants, sublease the property you are renting to a subtenant with this Mississippi Residential Sublease Agreement.

• Consent. The sublease requires the consent of the landlord.
• Costs Borne by Subtenant. The subtenant must pay the rent, the utilities and a damage deposit.
• Upkeep. The subtenant must keep the premises in clean and good condition.
• Assignment. The subtenant cannot assign the sublease without the consent of both the landlord and the original tenant.
• The sublease includes a Premises Inspection Report and Inventory Checklist.
• The file also includes a Co-Signer Agreement to be used in the event that the subtenant is a minor (such as a student). This agreement would be signed by a parent or guardian, who guarantees to pay any amounts due if the tenant fails to pay.

• The Statement sets out the amount of the original security deposit and any additional deposits, less any deductions being made for unpaid rent or utilities, cleaning charges, repair charges, etc.
• It also sets out whether a refund is being paid to the tenant or if any additional amount is still owing to the landlord.

Transfer ownership of a MS commercial real estate property from a seller to a buyer with this Mississippi Commercial Special Warranty Deed.