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We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.
Lease agreements are a contract. But you dont necessarily need to hire a lawyer to write good lease agreements, you can do it yourself. But youre a first-time landlord or simply dont have the time to write a lease, you can hire a property management company to do it for you.
Can I make my own lease agreement?
Can you write your own tenancy agreement? Certainly. Unless youre an attorney, or have an attorney review it, you probably shouldnt, But you certainly can. If you fail to follow your state/local laws to-the-letter, the agreement may be invalid.
Is a handwritten lease agreement legally binding?
The answer is yes; a handwritten lease can be legally binding if certain conditions are met. Firstly, both parties must agree to the terms of the lease and sign it in front of witnesses or notaries. This ensures that both parties understand and accept the agreement.
What are the tenants rights in Mississippi?
Tenants have rights to a habitable living environment, privacy, the return of security deposits, timely and necessary repairs, and protection against unfair eviction under the Mississippi Landlord-Tenant Act.
Which type of lease is usually used for residential property?
The most common type of lease contract in residential real estate is Gross Lease. In a gross lease, the tenant pays a fixed amount of rent, and the landlord is responsible for paying all the expenses associated with the property, including property taxes, insurance, and maintenance costs.
A Mississippi rent-to-own lease agreement involves a tenant seeking a rental property with an option to purchase. The option is only available during the lease term. If the tenant decides not to buy, the lease will terminate on its end date.
Can you make a lease yourself?
You cant make a lease for yourself. It has to be signed by both the tenant and the property owner or property manager. Signing both lines with different names would be forgery. Signing both lines with the same name, the document would be of no legal value at all.
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