Mississippi State University Residential Rental Agreement Template

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RENTAL AGREEMENT
THIS RENTAL AGREEMENT made and entered into on the later of the dates on
which the contract is signed by both parties, by and between ________ (hereinafter
referred to as Landlord), whose address is________________ and Mississippi State
University for its ______________, (hereinafter referred to as "Tenant"), whose address
is PO Box 5307, Mississippi State, MS 39762. The terms "Landlord" and "Tenant" shall
include, whenever the context admits or requires singular or plural, the heirs, legal
representatives, successors, and assigns of the respective parties;
WITNESSETH:
FOR AND IN CONSIDERATION of the rental, covenants, and conditions
hereinafter stipulated to be paid and performed by Tenant, Landlord does hereby demise
and let unto Tenant and Tenant does hereby accept and let from Landlord, the following
described property situated in the City of _ ___, County of _ __, Mississippi, described as
follows, to-wit:
_______________________________________________-
SECTION 1. The primary term of this Rental shall commence on _______ and
ending at 12:00 midnight on ________________.
SECTION 2. The Tenant agrees to pay _______________________________ per
month_ to the Landlord for the demised premises, pursuant to the following described
terms and conditions.
Payment will be made monthly with the payment due by the 5th day of the
month.
As per state law, MSU will make payments for all amounts owed under
this agreement no later than forty-five (45) days after receipt of the invoice
and receipt, inspection and approval of the goods or services in accordance
with Section 31-7-305, Mississippi Code of 1972.
SECTION 3. Tenant shall have, hold and use the demised premises for the
purposes of conducting the business activities of
___________________________________________.
SECTION 4. Tenant will, at all times, attempt to act in a prudent manner to
conserve the amount of utilities consumed. Landlord shall furnish and pay for, as and
when due, all utilities consumed or used incident to the demised premises, such as
electricity, gas, water, sewer and all other public utilities of every nature, kind and
description used in said premises unless otherwise agreed to in a later section of this
Rental or on the following lines:

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