Last reviewed September 2026
Written by LawLease Editorial
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Mississippi Property Management Agreement
This Property Management Agreement is built with Mississippi as the governing state. These are the Mississippi landlord-tenant rules that most often bear on it, with the statute for each.
Mississippi rules at a glance
| Security deposit limit | No statutory capMiss. Code §89-8-21 |
|---|---|
| Deposit return | 45 days after the tenancy ends, possession is delivered and the tenant demands itMiss. Code §89-8-21(3) |
| Itemized notice | To keep any part of the deposit, the landlord must deliver a written notice itemizing each amount claimed (§89-8-21(3)). |
| Landlord entry | No statutory notice period — set by the lease |
| Late fees | No statutory cap; set by the lease and should be reasonable |
Security deposits in Mississippi
Mississippi puts no limit on how much a landlord can collect as a security deposit. The money is held for the tenant, and the tenant’s claim to it comes ahead of the landlord’s own creditors (§89-8-21(2)).
- Allowed deductions — Only amounts reasonably necessary to cover unpaid rent, damage the tenant caused beyond ordinary wear and tear, cleaning at move-out, and other reasonable expenses caused by the tenant’s default — if the deposit was taken for those purposes (§89-8-21(3)).
- Itemized notice — To keep any part of the deposit, the landlord must deliver a written notice itemizing each amount claimed (§89-8-21(3)).
- Return deadline — The balance is due no later than 45 days after all three of these have happened: the tenancy ends, the tenant delivers possession, and the tenant demands the deposit. A tenant who never asks for the deposit doesn’t start the clock (§89-8-21(3)).
- Bad-faith penalty — Keeping a deposit in violation of the statute and without good faith can cost the landlord up to $200 in addition to the tenant’s actual damages (§89-8-21(4)).
Rent, late fees & rent increases
- Late fees — Mississippi has no statute capping late fees or requiring a grace period. The fee must be written into the lease and should be a reasonable estimate of the landlord’s cost of late payment — an excessive fee risks being treated as an unenforceable penalty.
- Rent increases — There’s no statewide notice rule for rent increases. Rent under a fixed-term lease can’t change mid-term unless the lease allows it; for a month-to-month tenancy, an increase effectively requires the 30-day written notice needed to end the tenancy (§89-8-19).
- Courts follow the lease — In a nonpayment eviction, the judge must apply the rental agreement the landlord and tenant signed (§89-8-13(5)) — so clear rent, fee and due-date terms matter more in Mississippi than in most states.
- Rent control — Mississippi has no rent control, and state law limits municipalities from regulating private residential rents.
Landlord entry & access
Mississippi has no statute setting a notice period or hours for landlord entry. The lease governs, so it should spell out when and how the landlord may enter — for example, reasonable advance notice for repairs and showings, with immediate entry allowed in an emergency. The tenant still has the right to peaceful possession, and the landlord can’t use entry to harass.
Mississippi Property Management Agreement FAQs
How much can a landlord charge for a security deposit in Mississippi?
There’s no statutory maximum — the deposit is whatever the lease sets. The statute controls what can be deducted and how quickly the balance must be returned (§89-8-21).
How long does a landlord have to return a security deposit in Mississippi?
No later than 45 days after the tenancy ends, possession is delivered and the tenant demands the deposit, together with a written itemization of anything kept. Bad-faith retention can cost up to $200 plus actual damages (§89-8-21).
Is there a limit on late fees in Mississippi?
No statute caps late fees or requires a grace period. The fee should be in the written lease and reasonable, since courts apply the signed rental agreement in nonpayment cases (§89-8-13(5)).
More Mississippi landlord documents
- Mississippi Residential Lease Agreement
- Mississippi Eviction Notice
- Mississippi Security Deposit Return Letter
- Mississippi Rent Increase Notice
- Mississippi Notice to Vacate
- Mississippi Application Approval Letter
- Mississippi Application Denial Letter
- Mississippi Background & Credit Check Authorization
- Mississippi Rental Application
- Mississippi Co-Signer Guarantor Agreement
- Mississippi Bed Bug Addendum
- Mississippi Mold & Mildew Addendum
- Mississippi No-Smoking Addendum
- Mississippi Parking & Storage Addendum
- Mississippi HOA & Community Rules Addendum
- Mississippi Crime-Free Housing Addendum
- Mississippi Utilities & Services Addendum
- Mississippi Early Termination Addendum
- Mississippi Lease Extension Addendum
- Mississippi Lead-Based Paint Disclosure
- Mississippi Military Clause (SCRA)
- Mississippi Pet Addendum
- Mississippi Cash for Keys Agreement
- Mississippi Mutual Lease Termination Agreement
- Mississippi Lease Renewal Agreement
- Mississippi Notice of Non-Renewal
- Mississippi Late Rent Notice
- Mississippi Lease Violation Notice
- Mississippi Notice of Entry
- Mississippi Move-In / Move-Out Inspection Checklist
- Mississippi Rent Receipt
- Mississippi Rent Verification Letter
- Mississippi Tenant Welcome Letter
- Mississippi Commercial Lease
- Mississippi Rent-to-Own Agreement
- Mississippi Short-Term Rental Agreement
- Mississippi Room Rental Agreement
- Mississippi Roommate Agreement
- Mississippi Spanish Lease Agreement
- Mississippi Sublease Agreement
- Mississippi Lease Amendment
Property Management Agreement in other states
- Alabama Property Management Agreement
- Alaska Property Management Agreement
- Arizona Property Management Agreement
- Arkansas Property Management Agreement
- California Property Management Agreement
- Colorado Property Management Agreement
- Connecticut Property Management Agreement
- Delaware Property Management Agreement
- Florida Property Management Agreement
- Georgia Property Management Agreement
- Hawaii Property Management Agreement
- Idaho Property Management Agreement
- Illinois Property Management Agreement
- Indiana Property Management Agreement
- Iowa Property Management Agreement
- Kansas Property Management Agreement
- Kentucky Property Management Agreement
- Louisiana Property Management Agreement
- Maine Property Management Agreement
- Maryland Property Management Agreement
- Massachusetts Property Management Agreement
- Michigan Property Management Agreement
- Minnesota Property Management Agreement
- Missouri Property Management Agreement
- Montana Property Management Agreement
- Nebraska Property Management Agreement
- Nevada Property Management Agreement
- New Hampshire Property Management Agreement
- New Jersey Property Management Agreement
- New Mexico Property Management Agreement
- New York Property Management Agreement
- North Carolina Property Management Agreement
- North Dakota Property Management Agreement
- Ohio Property Management Agreement
- Oklahoma Property Management Agreement
- Oregon Property Management Agreement
- Pennsylvania Property Management Agreement
- Rhode Island Property Management Agreement
- South Carolina Property Management Agreement
- South Dakota Property Management Agreement
- Tennessee Property Management Agreement
- Texas Property Management Agreement
- Utah Property Management Agreement
- Vermont Property Management Agreement
- Virginia Property Management Agreement
- Washington Property Management Agreement
- West Virginia Property Management Agreement
- Wisconsin Property Management Agreement
- Wyoming Property Management Agreement
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