Mississippi Property Management Package - Mississippi 2025

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The Mississippi Property Management Package by U.S. Legal Forms, Inc. is designed to assist landlords in managing rental properties efficiently while minimizing legal disputes. It includes essential legal documents tailored to state laws, such as lease agreements, security deposit agreements, and inventory forms. The package also provides guidance on completing the forms and emphasizes the importance of secure document storage. A disclaimer notes that the materials are provided without warranty and advises consulting an attorney for serious legal issues.

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Click ‘Get Form’ to open it in the editor.
Begin with the Lease or Rental Agreement. Fill in the tenant's name, property address, and rental terms. Ensure you include any options for purchase if applicable.
Next, complete the Security Deposit Agreement. Specify the amount of the deposit and conditions for its return.
For the Inventory and Condition of Leased Premises form, document all items included in the rental property and their condition. Both landlord and tenant should sign this section.
Proceed to fill out the Residential Rental Lease Application. Collect necessary disclosures from potential tenants to evaluate their suitability.
Finally, review all completed forms for accuracy before saving or printing them directly from our platform.

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How much do property managers charge per month?

Most property management companies charge a monthly fee of between 8% 12% of the monthly rent collected. If the rent on your home is $1,200 per month the property management fee would be $120 based on an average fee of 10%.

Do you need a license to be a property manager in Mississippi?

Must Mississippi property management companies have a real estate brokers license? YES. Key components of property management (managing, renting and leasing) are considered real estate brokerage services under existing Mississippi real estate licensing laws.

Do property managers pay for repairs?

Property managers are not responsible for paying for repairs, such as a new roof or broken water heater. However, they can often get you a discounted rate on those contractors.

How can I become a property manager?

How to become a property manager Complete coursework in real estate or business. Follow state requirements to become a property manager. Pass the real estate licensing exam, if required in your state. Complete the certification process for specialties. Get your first property management job.

Mississippi Property Management Package - Mississippi 2025

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