Lease Guarantor Agreement in Mississippi

A guarantor (co-signer) promises to pay if the tenant does not. Check your state's rules below before requiring one.

What Mississippi law says

Guarantor / co-signer rules	No statute limits co-signer requirements, but under the Derrick Beard Act a co-signer on a residential lease entered into or renewed on or after July 1, 2011 is presumed to have terminated the lease when the tenant dies (or, with several tenants, when the last one dies). A co-signer who wants the lease to continue must notify the landlord within 30 days of the death. Termination does not release the estate or co-signer from rent owed before the death, rent for the rest of the month (or 30-day period) in which the death occurred, or the cost of restoring the premises beyond ordinary wear and tear. The right cannot be waived. Official code not freely readable online; text verified on a public code mirror (code year 2025). Source: Miss. Code Ann. § 89-8-29

Guarantor / co-signer rules

No statute limits co-signer requirements, but under the Derrick Beard Act a co-signer on a residential lease entered into or renewed on or after July 1, 2011 is presumed to have terminated the lease when the tenant dies (or, with several tenants, when the last one dies). A co-signer who wants the lease to continue must notify the landlord within 30 days of the death. Termination does not release the estate or co-signer from rent owed before the death, rent for the rest of the month (or 30-day period) in which the death occurred, or the cost of restoring the premises beyond ordinary wear and tear. The right cannot be waived.

Official code not freely readable online; text verified on a public code mirror (code year 2025).

Source: Miss. Code Ann. § 89-8-29

Fill it in

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LEASE GUARANTY

Guarantor: [guarantor name], [guarantor address] Tenant: [tenant name] Landlord: [landlord name]

Lease: [rental address], dated [lease date], term [lease term].

The guarantor agrees to pay rent and other amounts the tenant owes under the lease if the tenant does not, up to $[guaranty limit or 'the amounts due under the lease'].

This guaranty covers [the original term only / renewals too]. The landlord will notify the guarantor in writing of any default.

Signatures and dates: [signatures]

Lease Guarantor Agreement for other states · Mississippi tenant rights

General legal information, not legal advice. Laws change and local rules can differ; check the linked official source or talk to a lawyer about your situation.