Rental-purchase agreements; establish certain rights and duties specific to agreements for a conveyance of real property.

Summary

The bill updates Mississippi’s rental‑purchase law by redefining key terms and adding rules for rent‑to‑own deals on real estate. It would force the seller to file the agreement in county land records and give the buyer a 15‑day window to cure missed payments, limited to three reinstatements. The measure failed to advance out of committee.

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