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Mississippi Warranty Deed from Husband and Wife to LLC

Ms Warranty Deed Template

Name: Mississippi Warranty Deed from Husband and Wife to LLC
Brand: US Legal Forms
Price: 59.00 USD
Rating: 4.56 (315 reviews)

Category:

Mississippi Real Estate - Deeds - Warranty

State:

Mississippi

Control #:

MS-09-78

Format:

Instant download

Description

This Warranty Deed from Husband and Wife to LLC form is a Warranty Deed where the grantors are husband and wife and the grantee is a limited liability company. Grantors convey and warrant the described property to grantee less oil, gas and minerals to which grantors reserve the right.

LegalLife Multistate Guide and Handbook for Selling or Buying Real Estate

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How to fill out Mississippi Warranty Deed From Husband And Wife To LLC?

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FAQ

Once signed and notarized, a Mississippi deed must be recorded. The deed must be presented to the Recorder of Deeds in the county where the property is located. The transfer takes effect when signed and accepted by the grantee. However, recording provides notice to the public that the property was transferred.

It's important to note that a warranty deed does not actually prove the grantor has ownership (a title search is the best way to prove that), but it is a promise by the grantor that they are transferring ownership and if it turns out they don't actually own the property, the grantor will be responsible for compensating

A warranty deed guarantees that: The grantor is the rightful owner of the property and has the legal right to transfer the title.The title would withstand third-party claims to ownership of the property. The grantor will do anything to ensure the grantee's title to the property.

In order to make the Warranty Deed legally binding, the Seller needs to sign it front of a notary public. Then signed and notarized deed must be filed at the city or county office for recording property documents. Before filing with this office all previously billed property taxes must be paid in full.

Let's start with the definition of a deed: DEED: A written instrument by which one party, the Grantor, conveys the title of ownership in property to another party, the Grantee. A Warranty Deed contains promises, called covenants, that the Grantor makes to the Grantee.

Contrary to normal expectations, the Deed DOES NOT have to be recorded to be effective or to show delivery, and because of that, the Deed DOES NOT have to be signed in front of a Notary Public. However, if you plan to record it, then it does have to be notarized as that is a County Recorder requirement.

Adding someone to your house deed requires the filing of a legal form known as a quitclaim deed. When executed and notarized, the quitclaim deed legally overrides the current deed to your home. By filing the quitclaim deed, you can add someone to the title of your home, in effect transferring a share of ownership.

If you've recently married and already own a home or other real estate, you may want to add your new spouse to the deed for your property so the two of you own it jointly. To add a spouse to a deed, all you have to do is literally fill out, sign and record a new deed in your county recorder's office.

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee after they are recorded. These are your original copies and should be kept in a safe place, such as a fireproof lockbox or a safe deposit box at a financial institution.

Ms Warranty Deed Template

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How to fill out Mississippi Warranty Deed From Husband And Wife To LLC?

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FAQ

How do I transfer a deed in Mississippi?

Does a warranty deed prove ownership?

Does a warranty deed mean you own the property?

How do I write a warranty deed?

What is the difference between a deed and a warranty deed?

Does a warranty deed need to be recorded?

How do you add someone to a warranty deed?

How do I add my spouse to my warranty deed?

Who keeps original warranty deed?

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Ms Warranty Deed Template

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How to fill out Mississippi Warranty Deed From Husband And Wife To LLC?

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