WHAT TO DO IF YOU WANT OR NEED OUT OF A LEASE AGREEMENT
A lease is a contract. While contract law allows the parties a great deal of latitude to determine the terms of the leasing agreement, there are certain requirements and obligations that cannot be waived or changed. A commercial lease agreement in Mississippi is subject to the Mississippi Landlord and Tenant Act, Mississippi Code § 89-7-1 et seq. A residential lease agreement is subject to both the Mississippi Landlord-Tenant Act and the Mississippi Residential Landlord and Tenant Act, Mississippi Code § 89-8-1 et seq. The lease agreement may also be subject to local ordinances. For instance, in Oxford, Mississippi, there is an ordinance limiting the number of unrelated persons who may live in a house.
A frequent issue in Oxford is the need to end a lease prematurely. Students transfer, professors or spouses take a new job, or a roommate flunks out because they spend too much time at The Library than at JD Williams Library. Whatever the reason, it is not at all uncommon to need to get out of a lease early. How can this be done without breaking the lease and being sued by the landlord? Here are some ways:
There may be other ways to terminate a lease but these are the most common. As always, consult an attorney to discuss your particular situation. Contact us to discuss your situation.