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Notice of Option for Recording - Mississippi

Notice of Option for Recording - Mississippi 2025

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The document is a Memorandum and Notice of Option to Purchase, outlining an agreement between a Seller and Buyer regarding an exclusive option to purchase real property. It includes details such as the parties involved, property description, option duration, and references to a prior option agreement. The document requires signatures from both parties and notarization.

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Got questions?

We have answers to the most popular questions from our customers. If you can't find an answer to your question, please contact us.

Can I transfer a deed without an attorney?

Self-filing the deed without an attorney is the most economical option for transferring real property title. However, it requires careful attention to detail. The Registers Office wont provide assistance or highlight mistakes in the paperwork.

What kind of notice does recording give?

Recordation provides constructive notice to any subsequent purchasers that a prior conveyance occurred and therefore protects the prior purchaser in the event of a subsequent conveyance.

Does a deed have to be notarized in Mississippi?

Yes, a deed must always be notarized and filed in public records. Deeds are a formal document that verifies legal interest in a property and the right to sell. Notarizing deeds ensures that an individuals claim to a property is verified and protected.

Where must a deed be recorded?

This responsibility typically lies with your title or escrow agent. They will record the deed by filling out and filing your original deed in the appropriate government office in your local county. When its done properly, a deed can be recorded in a matter of hours after your home closing process concludes.

What is the statute of recording in Mississippi?

A person can record an in-person conversation to which that person is present and participating, or in circumstances where consent to record is given by at least one of the parties, unless the recording was accompanied by a criminal or tortious intent. Miss. Code Ann. 41-29-531(e).

How to record a deed in Mississippi?

Mississippi deeds are recorded with the chancery clerk for the county where the property is located. The standard fee payable to the chancery clerk for recording a Mississippi deed is $25.00 for the initial five pages and $1.00 for each page over five. Some counties charge an extra $1.00 archiving fee.

Notice of Option for Recording - Mississippi 2025

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